šŸ”» $PUMP /USDT ā€“ Short Setup After Sharp Rejection

$PUMP surged nearly +37% from the low of $0.002258 to $0.003271 but is now showing early signs of rejection near the 4H resistance zone and the MA(99), indicating a possible short-term pullback.

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šŸ“‰ SHORT Entry Zone:

$0.00320 ā€“ $0.00309 (current rejection zone)

šŸŽÆ Take Profit Targets (TP):

1. $0.00296

2. $0.00278

3. $0.00260

4. $0.00240

5. $0.00225

šŸ›‘ Stop-Loss (SL):

$0.00338 (above 4H wick and MA(99) confluence)

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šŸ“Š Technical Notes:

Strong 4H resistance near MA(99) at ~$0.00382

RSI approaching overbought zone

Large single candle pump followed by rejection wick

Possible retest of moving averages as support

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šŸ“ Note:

Watch for confirmation with bearish candle close under $0.00309. Avoid entering if price closes above $0.00330 with strong volume. Maintain tight SL due to volatility.

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$PUMP