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$PUMP | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.00193 to 0.00196
Stop Loss: 0.00203
Targets:
TP1: 0.00188
TP2: 0.00182
TP3: 0.00174
Invalidation:
Close above 0.00203
Why This Setup:
I’m seeing a sharp impulse into resistance followed by rejection and a failed hold above the recent spike high. If price loses the 0.00193 area, I expect the move to fade back into the prior range with downside liquidity at the lower supports.