🚀 $PUMP /USDT: Coiled and Ready for a Breakout?
The 1D range on $PUMP is tightening, and the 4H chart is officially ARMED. We are sitting right at the range low—historically the zone where the "spring" happens before a massive move.
Is this a breakout or a fakeout? Let’s dive into the data. 📊
🔥 Why This Setup?
Neutral RSI: Currently sitting at 50.73, leaving plenty of "fuel" for an upward move without being overbought.
Defined Risk: Trading at the range support allows for a tight Stop Loss and a high Risk-to-Reward ratio.
Market Sentiment: The 1D consolidation suggests a volatility expansion is imminent.
📉 The Trade Plan
Signal Type: Long (Risk 5/10)
Entry Zone: 0.002781 – 0.002823
Target 1: 0.002926 (+4.4%) 🎯
Target 2: 0.002968 🎯
Target 3: 0.003051 🚀
Stop Loss: 0.002677
👇 Debate Time
Are we looking at the final "spring" before the pump, or is the market about to squeeze the longs? What are you seeing on the order book?
Nabiha Noor
Analysis for the Community
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