$PUMP /USDT

PUMP expanded impulsively from 0.0018 into 0.00238 and has since transitioned into short-term balance. The last several candles show compression above the rising supertrend and above the prior breakout zone around 0.00205–0.00210. That level is now acting as local support.

The structure is constructive as long as price continues to hold above that shelf. What’s visible here is typical post-expansion digestion rather than distribution: higher lows forming while volatility contracts.

If continuation develops, liquidity sits above 0.00238. That remains the obvious upside draw. Failure would be acceptance back below 0.00205, which would signal the expansion leg has completed and rotation toward 0.00195–0.00200 becomes likely.

For now this is range-holding above trend support, not a breakdown. Patience until either range high or range low resolves.