🚨 $PUMP Looks Overbought — Short Pullback Setup

$PUMP has moved up too fast and now looks overheated. This creates a good chance to trade a pullback.

Trade Setup (Short)

Entry: 0.00318 – 0.00325

Stop Loss: 0.00342

Targets

TP1: 0.00306

TP2: 0.00292

TP3: 0.00275

Why This Trade Makes Sense $PUMP jumped more than 16% in a short time with very high volume. This pushed the price into an overbought zone.

RSI above 70 suggests buyers may be getting tired

MACD momentum is slowing, showing the move is weakening

Price is hitting a strong resistance area

With volume and funding already stretched, it becomes harder for price to keep moving up without a pullback. Instead of buying at the top, shorting near resistance gives better risk control and a strong risk-to-reward, aiming for a move back toward support.

PUMPSolana
PUMP
0.002008
-2.38%