$PUMP Short Liquidation Update

Short positions totaling $2.0042K were liquidated at $0.00244, signaling rising buy pressure and forcing sellers to cover.

Market Structure

Price is holding above the liquidation sweep, showing acceptance at higher levels. This behavior favors bullish continuation if momentum stays intact.

Key Levels

Support: $0.00242 – $0.00230

Resistance: $0.00255 → $0.00275

Bullish Trade Setup

Entry: Break and hold above $0.00255, or a pullback holding above $0.00242

Targets:

TP1: $0.00275

TP2: $0.00305

Stop Loss: Below $0.00225

Market Sentiment

The short squeeze shifted control to buyers. With sellers cleared and structure holding, pullbacks are likely to be absorbed rather than sold.

Bullish bias remains active while price holds support and volume confirms continuation.

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