$PUMP USDT BEARISH CONTINUATION WITH CLEAR DOWNSIDE TARGETS
$PUMP USDT failed to sustain above 0.003268 and broke below the mark price, confirming bearish momentum. Increased selling volume suggests further decline.
Short Entry: Enter between 0.003200 and 0.003220 on confirmation of resistance and bearish candle close below 0.003190.
Target 1: 0.003092 – Immediate support for profit booking.
Target 2: 0.003050 – Next major support level for extended downside.
Stop Loss: Set above 0.003250 to limit risk.
Risk Management: Keep risk within 1-2% of trading capital. Use a strict stop loss and consider scaling out partial profits at the first target while trailing stop for remaining position to protect gains.
This setup offers a clear bearish bias with defined entry and exit points based on technical analysis.
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