$PUMP 1H structure leaning bearish

$PUMP · SHORT · Conf 65%

Trade Plan:
Entry: 0.00363100 - 0.00365150
SL: 0.00370900
TP1: 0.00355650
TP2: 0.00345587
TP3: 0.00335524
TP4: 0.00325462
R:R about 2.7 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.

PUMP/USDT 0.00363100, -4.87% over 24h.

Why this setup?
- Price below the 200 EMA, long-term structure bearish
- EMA20 below EMA50, short-term momentum down
- 4H trend leaning down
- RSI(14) at 49.4 with volume x1.35 against the 20-bar average.
- Invalidation is unambiguous: through 0.00370900 the idea is simply wrong, so size it so that being wrong is survivable.

Key levels: S 0.00363000 · 0.00358000 · 0.00355650 | R 0.00365150 · 0.00379500 · 0.00388250

Debate:
PUMP led the board and then rolled over. Rotation out, or just a pause?

Trade PUMP: spot https://www.binance.com/en/trade/PUMP_USDT | futures https://www.binance.com/en/futures/PUMPUSDT

$PUMP #PUMP #Write2Earn #CryptoAnalysis #Volatility
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.