BullishBanter
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$PUMP /USDT – Consolidation Before the Next Big Move?
As expected, PUMP slipped after launch and is still in a consolidation phase. Price is hovering near 0.0054 after touching highs around 0.00582 and lows at 0.0045.
The chart shows weakness in the short term and there’s a chance it could dip further. But consolidation at these levels often sets the stage for a strong reversal. If support holds above 0.0045, bulls could step in and push the token to new ATHs in the coming days.
Trade Idea:
Entry: 0.0050 – 0.0052
Stop Loss: 0.0044
Targets: 0.0059, 0.0065, 0.0072, and new highs beyond.
For now, patience is key. Consolidation means accumulation, and accumulation often leads to breakout. Traders should watch closely — the next big move may surprise many.
$PUMP
As expected, PUMP slipped after launch and is still in a consolidation phase. Price is hovering near 0.0054 after touching highs around 0.00582 and lows at 0.0045.
The chart shows weakness in the short term and there’s a chance it could dip further. But consolidation at these levels often sets the stage for a strong reversal. If support holds above 0.0045, bulls could step in and push the token to new ATHs in the coming days.
Trade Idea:
Entry: 0.0050 – 0.0052
Stop Loss: 0.0044
Targets: 0.0059, 0.0065, 0.0072, and new highs beyond.
For now, patience is key. Consolidation means accumulation, and accumulation often leads to breakout. Traders should watch closely — the next big move may surprise many.
$PUMP
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