$PUMP USDT BULLISH BOUNCE OFF SUPPORT SIGNALS UPWARD MOMENTUM
Long Trade Signal
Short Outlook of Market:
Price has shown a clear reversal and bounce from the lower Bollinger Band, which acted as a support area (around $0.006701). The candles are now closing above the middle Bollinger Band ($0.006796), which suggests a shift in short-term momentum from bearish to bullish. The current structure favors a continuation to the upside toward the upper band.
Trade Setup:
• Entry: $0.006863 (Current Mark Price) - $0.006900
• TP 1: $0.007000
• TP 2: $0.007169 (Previous 24h High and Upper Bollinger Band resistance)
• SL: $0.006700 (Just below the lower Bollinger Band/recent swing low)