📉 $PUMP – SHORT TRADE SETUP

Timeframe: 15m / 30m

Market Type: Binance Futures (Perpetual)

🔴 Entry (Short)

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Sell Entry: 0.00285 – 0.00288

🎯 Take Profit (TP)

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TP1: 0.00280

TP2: 0.00275

TP3: 0.00270

🛑 Stop Loss (SL)

SL: 0.00292 📊 Reason for SHORT (Technical Analysis)

Price at Strong Resistance

PUMP/USDT has reached a key resistance zone at 0.00286 – 0.00290

Previous candles show rejection with upper wicks, indicating selling pressure

Overextended Uptrend

Price moved aggressively from 0.00240 → 0.00287 in a short time

Such rapid moves often lead to a pullback or consolidation

Weak Momentum Near the Top

Bullish momentum is slowing down near resistance

Buyers are losing strength while sellers are stepping in

Order Book Sell Pressure

Heavy sell orders are visible above the current price

This increases the probability of a short-term reversal

Better Risk–Reward for Shorts

Shorting near resistance provides a tight stop loss

Risk–Reward ratio is favorable (1:2 to 1:3)

(this post is just for educational not financial advise)#educational_post $