$PUMP /USDT BULLISH MOMENTUM BUILDING
Current Price: $0.005435 (+19.27%)
$PUMP is showing strong bullish momentum after rebounding from the $0.00450 support zone. The price is currently trading above all major moving averages, confirming buyer dominance and the potential for further upside movement. Increasing volume adds confidence to the bullish trend continuation.
Key Levels:
Resistance 1: $0.00547 — Immediate breakout zone
Resistance 2: $0.00580 — Next bullish target
Support 1: $0.00505 — Short-term support
Support 2: $0.00470 — Strong base level
Trade Setup (LONG):
Entry: $0.00535 – $0.00545
Take Profit (TP):
TP1: $0.00570
TP2: $0.00590
TP3: $0.00620
Stop Loss (SL): $0.00500
Market Bias:
As long as the price remains above $0.00500, the bullish structure is intact. A confirmed breakout above $0.00547 could drive momentum toward the $0.00580–$0.00620 zone.
Risk Management:
Risk only 1–2% per trade. Maintain a minimum 1:2 risk-to-reward ratio, adjust stop loss to entry after the first target, and avoid entering during high volatility without confirmation.
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