$PUMP Bearish in the short term. The current momentum is fading; the 1-hour MA25 support has broken below. This area could be worth watching for a shorting opportunity. Entry is roughly around 0.002005 to 0.002055. Look down to 0.001950, even 0.001886. Place the stop-loss at 0.002117. However, be mindful of the risk: around 0.001996 there is dual support from the 1-hour MA25 and the 15-minute MA99, which may form a hard bottom. Don’t chase too aggressively—control your position size according to your account. Also, $XAU and $HEMI can continue to watch for downside risk.

PUMP-1.14%
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