🟢 $PUMPBTC

PUMPBTC

Alpha

0.017998

+3.01%

– Support Absorption Play

Current Price: 0.01552 (-17.7%)

You’re looking at a classic support defense + seller exhaustion setup.

📊 Trade Plan

Entry: 0.0152 – 0.0158

Stop Loss: 0.0134

Targets:

🎯 TP1: 0.0175

🎯 TP2: 0.0195

🎯 TP3: 0.0225

🧠 Structure Breakdown

What supports the long idea:

✔️ Sharp dip without downside continuation

✔️ Buyers stepped in aggressively at support

✔️ Momentum didn’t expand lower (no panic follow-through)

✔️ Signs of absorption instead of distribution

This usually signals weak hands exiting + stronger hands accumulating.

📍 Key Levels

0.0150 zone → Critical demand

0.0175 → First supply reaction area

0.0195–0.0200 → Major resistance cluster

Below 0.0134 → Setup invalidated (structure breaks)

📈 Risk / Reward Snapshot

From ~0.0155 entry:

Risk ≈ ~13–14%

TP1 ≈ ~12–13%

TP2 ≈ ~25%

TP3 ≈ ~45%

High volatility coin → position sizing matters.

⚠️ What Would Strength Confirmation Look Like?

Strong 1H close above 0.0165

Increasing volume on green candles

No fast rejection from 0.0175