$PUMP is coiling within a bullish range as momentum prepares for the next leg up.
LONG: PUMP
Entry: 0.002250 – 0.002275
Stop-Loss: 0.002120
TP1: 0.002410
TP2: 0.002560
TP3: 0.002730
PUMP is printing a textbook volatility squeeze on the 1H chart. After finding a floor at 0.002140, the price action has stabilized near the EMA(99), indicating that sellers are exhausted and buyers are stepping in to absorb the remaining supply. This tightening price action is a precursor to a high-probability breakout.
The persistent defense of the recent lows combined with a narrowing range suggests the trend is ready to resume. Provided the 0.002120 support remains intact, the primary outlook is an expansion toward 0.002410, with higher extension levels at 0.002560 and 0.002730 in play if volume spikes.
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