Pump coin (PUMP) is facing strong resistance near $0.0037 and repeatedly failing to break above it, signaling weakening bullish momentum. Technical indicators like RSI below 50 and declining buying volume confirm bearish pressure.
Market sentiment is cautious, with signs that big holders are selling off, increasing the chance of a price drop. Low liquidity and recent liquidations add to the downside risk.
Short setup: Enter around $0.0036–$0.0037, stop loss above $0.00385, targets at $0.0033 and $0.0030. This offers a good risk-reward to benefit from the expected bearish move
$PUMP Go For short on this!💸
#pump #Binance #crypto #MarketMoves
