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Signal 5
Looking at Pump dot fun, we are clearly observing a descending channel pattern, an absolute structure with lower lows and higher lowers, continuously rejecting at the upper trendline (higher low peaks) and consequently holding lower trendline support (lower lows).
If $PUMP comes to the upper trendline again, I would like to take a risky short position by maintaining an SL at 3850 and entry at 3750-3820. Targets would be 3630, 3500, 3400. Leverage is 25x and using 2% of funds only.