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$PUMP Clear Downtrend
Recent 1h candles show elevated volume during price declines, confirming selling pressure.
Capital Flow: Consistent outflows across all timeframes (-5.5M USDT in 30m, -13.4M in 24h for contracts; -3.6M in 24h for spot), indicating strong institutional selling.
Entry short
$PUMP : Immediate short near current price (0.002734) or on any bounce to Resistance level at 0.0028387 for better risk-reward.
Stop Loss: at 0.0028160 if entered at 0.002734, considering high volatility
Target Price
$PUMP : 0.00260, aligning with extended downtrend and capital outflow momentum.
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PUMPUSDT
Perp
0.002747
-7.88%
#pump #pumpusdt #PumpFunNights