$PUMP MP was unable to sustain a move above the 0.00219 resistance level, showing clear rejection and continued weakness. After a minor relief bounce, the price is now printing lower highs, which signals that sellers are still in control. Momentum indicators suggest buying strength is fading, and without strong volume support, a breakout above resistance looks unlikely in the short term. If the 0.00216 support level breaks decisively, it could open the door for further downside toward recent swing lows.

Trade Idea (Bearish Setup):

Position: Short

Entry Range: 0.00217 – 0.00219

Stop Loss: 0.00223

Take Profit 1: 0.00214

Take Profit 2: 0.00210

This setup offers a favorable risk-to-reward structure, with potential gains ranging from conservative targets to extended downside continuation depending on momentum strength.

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PUMP

0.001749

-7.89%