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$PUMP | 1h | Pullback Short
Bias: Short
Entry Zone: 0.001625 to 0.001650
Stop Loss: 0.001675
Targets:
TP1: 0.001590
TP2: 0.001550
TP3: 0.001500
Invalidation:
Close above 0.001675
Why This Setup:
I see a sharp impulse into the 0.00165 area followed by consolidation and repeated rejection at the highs. As long as price stays below resistance, I expect a retracement toward the prior breakout area and nearby liquidity below.