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$PUMP in bullish consolidation phase, kinda building up steam without going nuts. For trading on 1-hour timeframe, I'm cautiously thinking long, but wait for some confirmation.
Volume's telling a good story: On those recent 1-hour candles, pullbacks are on fading volume, but the upside pushes? They're packing more punch, like that 3.82B spike during the breakout. Feels like the bulls are for real here.
Capital flows are mixed but intriguing – strong net inflows on contracts over 1H to 4H (3.12M to 1.77M USDT), which screams institutions scooping up shares. Meanwhile, spot's seeing outflows, probably retail cashing out. That kind of setup often sets the stage for a bigger move.
For entry longs
$PUMP : If you're feeling aggressive, hop in at the current 0.002523 with a super tight stop. Better yet, wait for a dip to that 0.00246-0.00248 zone where it hits the MA5.
Stop-loss: I'd go 3% below your entry, around 0.002447
Targets
$PUMP : First up, Resistance level at 0.002576, then next resistance zone at 0.0026823 if it really runs
This all hinges on the 1H timeframe staying above that 0.002389 support. If it cracks, scrap the bull idea.
#pump #PUMPUSDT #pumpfun