$PUMP Bearish rejection at key resistance
Short setup
Entry: 4.75–4.90
Take profit: 4.20 – 3.82 – 3.28
Stop loss: 5.25
Price is showing rejection around the key resistance zone after a strong rally. Momentum is starting to weaken, while failure to reclaim the resistance favors a downside move. A break below the nearby support would confirm the bearish continuation toward the lower targets.
Short setup
Entry: 4.75–4.90
Take profit: 4.20 – 3.82 – 3.28
Stop loss: 5.25
Price is showing rejection around the key resistance zone after a strong rally. Momentum is starting to weaken, while failure to reclaim the resistance favors a downside move. A break below the nearby support would confirm the bearish continuation toward the lower targets.
