#PUMP Is Trading In A Bullish Expansion Zone After Breaking Long-Term Descending Resistance On The Daily Chart.
Price Has Completed A Prolonged Distribution → Correction Phase And Is Now Showing Early Reversal Signals.
Current Technical Structure:
✅ Long-Term Descending Trendline Break Confirmed
✅ Descending Wedge Breakout Structure
✅ Strong HTF Demand Zone Holding (0.0023–0.0021)
✅ Multiple Support Reclaims Indicate Accumulation
✅ Strength Signal: Bullish Above $0.0021
CryptoPatel Targets: $0.00449 / $0.00644 / $0.00872 / $0.015 / $0.026
As Long As PUMP/USDT Holds Above $0.0021, The Bullish Bias Remains Intact.
This Is A High-Risk, High-Reward Accumulation Setup With Asymmetric Upside Potential.
Invalidation: Daily Close Below $0.0021
TA Only. Not Financial Advice. DYOR.
Price Has Completed A Prolonged Distribution → Correction Phase And Is Now Showing Early Reversal Signals.
Current Technical Structure:
✅ Long-Term Descending Trendline Break Confirmed
✅ Descending Wedge Breakout Structure
✅ Strong HTF Demand Zone Holding (0.0023–0.0021)
✅ Multiple Support Reclaims Indicate Accumulation
✅ Strength Signal: Bullish Above $0.0021
CryptoPatel Targets: $0.00449 / $0.00644 / $0.00872 / $0.015 / $0.026
As Long As PUMP/USDT Holds Above $0.0021, The Bullish Bias Remains Intact.
This Is A High-Risk, High-Reward Accumulation Setup With Asymmetric Upside Potential.
Invalidation: Daily Close Below $0.0021
TA Only. Not Financial Advice. DYOR.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.