⛔️⛔️ PUMP FUN TOKEN 4HRs CHART DETAILS ANALYSIS ⛔️⛔️
🕒 Timeframe: 4H Chart (Mid-Term Outlook)
📍 Current Price:
$0.002971
🔻 Down 22.27% in 24 hours
24H Low: $0.002910 (being tested again)
24H High: $0.004021
---
📉 Trend Analysis
🔺 Previous High:
The coin peaked at $0.007198, then began a steep downtrend.
It has now dropped ~58% from the peak.
🔻 Price Action:
The price is trading near the absolute local bottom ($0.002910).
No bullish candle reversal patterns (like doji, hammer, or engulfing) seen yet.
Current candles are small-bodied near support — potential for either breakdown or base-building.
---
📊 Volume Analysis
Volume spikes occurred on red candles, indicating aggressive selling.
No strong green volume candles yet, so buyers aren't showing strength.
However, latest bar shows slightly increased buy volume, a possible early demand test.
---
📌 Support & Resistance Levels
Type Price Level Notes
🔻 Support $0.002910 Key short-term floor (being tested)
🔻 Support $0.002695 Next support zone if breakdown happens
🔺 Resistance $0.00330–0.00350 Immediate bounce target if it recovers
🔺 Resistance $0.00380–0.00400 Mid-term resistance (25 MA)
🔮 Short-Term Scenarios
✅ Scenario 1: Rebound from Support
KDJ crossover upward + hold above $0.00291
→ Small bounce to $0.00330–$0.00350 zone possible.
⚠️ Scenario 2: Breakdown
If $0.00291 fails with volume, next drop likely to $0.00270–$0.00260
Short sellers may dominate further.
📌 Strategy Ideas
Style Suggestion
Short-Term Trader Watch for bounce confirmation (KDJ cross + candle close above $0.0030) before entering long. Use stop-loss just below $0.00291.
Bearish Momentum If price breaks $0.00291 with volume, consider shorting toward $0.0026 target.
Risk-Averse Stay out until bullish volume or candle reversal confirms bottoming
#CryptoScamSurge
#CryptoClarityAct #pumpfun #pump