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【$PUMP Signal】Short Squeeze Rally Pullback Trading Setup
$PUMP surged 17.71% in a single day, driven by massive buy volume (281 million in hourly trading) breaking through a long-term consolidation zone—a classic institution sweeping pattern. However, post-surge RSI approaches 80, buy momentum is overheated, and the latest K-line shows the buy/sell ratio retreating to 0.52, indicating weakening upside momentum and short-term profit-taking pressure. Price needs to complete chip rotation above key support to gather strength for another push.
🎯 Direction: Pullback long
⚡ Entry: 0.01680 - 0.01720
🛑 Stop Loss: 0.01630
🚀 Targets: 0.01815 / 0.01920
🛡 Strategy: After entry, if price rapidly rallies to Target 1, reduce position by half and hold remaining for breakeven with upside potential.
View live chart 👇 $PUMP
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