$PUMP just swept a key level and reclaimed it.
Open interest is expanding with the move, and volume is backing the move.
I would rather see a reaction around $0.006394–$0.00644 than chase the current candle. The setup is invalid if price cleanly crosses $0.006366.
Would you trade this long setup now, or wait for a cleaner reaction?
#PUMP #Trading
Trade plan: LONG
Entry: $0.006394 - $0.00644
SL: $0.006366
TP1: $0.006517
TP2: $0.00659
TP3: $0.006662
Open interest is expanding with the move, and volume is backing the move.
I would rather see a reaction around $0.006394–$0.00644 than chase the current candle. The setup is invalid if price cleanly crosses $0.006366.
Would you trade this long setup now, or wait for a cleaner reaction?
#PUMP #Trading
Trade plan: LONG
Entry: $0.006394 - $0.00644
SL: $0.006366
TP1: $0.006517
TP2: $0.00659
TP3: $0.006662
