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【$PUMP Signal】Short squeeze pullback, second upward attack
$PUMP 1H timeframe surges then pulls back, 4H Bollinger upper band pierced, current price 0.02443 tightly hugging the 1H upper band. RSI both above 73, short-term buying pressure overheated. But 4H MACD fast and slow lines still widening, bullish momentum not exhausted. Market depth shows buy orders 9.76% better than sell orders, capital support is clear.
If the price can hold above 0.02431, go long directly.
⚡Entry/Order: 0.02431
🛑Stop loss: 0.01811
🚀Target 1: 0.02446
🚀Target 2: 0.02455
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.
Current funding rate at 0.099%, high level, indicating short squeeze potential. 1-hour volume expands during price rally, but recent buy order ratio on the latest candle drops to 49%, showing a pause in chasing higher. This volume-price structure combined with high funding rate suggests that if the price can stabilize at high levels to digest selling pressure, it could easily trigger a short squeeze with stop-loss triggers. The risk-reward ratio isn't perfect right now, but the volatility of Hot Coin compensates for that.
Check real-time market 👇 $PUMP
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