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$PUMP /USDT is coiled for a 10% move. Are you positioned?
$PUMP/USDT : 🟡 Risk 6/10 (LONG)
🔥 Why this setup?
- 4H chart shows a LONG setup with a 60% confidence score.
- Price is at a key 1H reference level (0.002808) after a pullback.
- 15M RSI at 35.5 suggests oversold conditions on a lower timeframe, priming for a bounce.
- The 1D trend is ranging, meaning a breakout from this level could be explosive.
- Why now? The entry zone (0.002786 - 0.00283) offers a tight risk (SL: 0.002676) against clear targets (TP1: 0.00294, TP2: 0.002984).
📉 Trade Plan:
• Entry: 0.002786 – 0.00283
• TP1: 0.00294 | TP2: 0.002984 | TP3: 0.003072
• SL: 0.002676
👇 Debate:
Is this the range low bounce, or will the 1D range hold it down? Comment your take.
Not a financial advice. DYOR.....