$PUMP short trade signal 🚦🔴
BEARS TESTING SUPPORT – WHAT’S NEXT? 🐻
$PUMP has faced rejection near resistance at 0.00876 and is now sliding back into a crucial support zone. Sellers are gaining momentum, and unless buyers reclaim the higher levels, the downside pressure may extend further. The chart shows a weakening structure after multiple rejections, signaling that caution is needed for long positions.
Trade Setup (Short):
Entry Zone: 0.00844 – 0.00849
Target 1 (TP1): 0.00820
Target 2 (TP2): 0.00798
Stop Loss (SL): 0.00876
Market Outlook:
The market is tilting bearish in the short term. If $PUMP fails to reclaim the 0.00860–0.00870 zone with strong buying volume, expect a retest of lower supports. Bulls must defend 0.00798 strongly, or the breakdown could accelerate.
