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$PUMP 24h volume traded: 1.96 hundred million, 0.0020 spiked and exploded by 19%, but the previous high at 0.0021 looks like an iron cap. Can you believe there are still people chasing at this level?
My plan: enter with a light position at 0.0019 (today’s low was 0.0016; there’s room only if it pulls back here and doesn’t break); stop-loss at 0.00175—if it breaks, I admit defeat; take-profit at 0.0022. Position size no more than half—don’t go all-in.
Reason: volume/energy is still there, but the locked-up supply around 0.0021 is heavy; if they push it up, it’s easy to get smashed.
Don’t as