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$PUMP – SHORT TRADE SETUP
Timeframe: 15m / 30m
Market Type: Binance Futures (Perpetual)
🔴 Entry (Short)
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Sell Entry: 0.00285 – 0.00288
🎯 Take Profit (TP)
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TP1: 0.00280
TP2: 0.00275
TP3: 0.00270
🛑 Stop Loss (SL)
SL: 0.00292 📊 Reason for SHORT (Technical Analysis)
Price at Strong Resistance
PUMP/USDT has reached a key resistance zone at 0.00286 – 0.00290
Previous candles show rejection with upper wicks, indicating selling pressure
Overextended Uptrend
Price moved aggressively from 0.00240 → 0.00287 in a short time
Such rapid moves often lead to a pullback or consolidation
Weak Momentum Near the Top
Bullish momentum is slowing down near resistance
Buyers are losing strength while sellers are stepping in
Order Book Sell Pressure
Heavy sell orders are visible above the current price
This increases the probability of a short-term reversal
Better Risk–Reward for Shorts
Shorting near resistance provides a tight stop loss
Risk–Reward ratio is favorable (1:2 to 1:3)
(this post is just for educational not financial advise)
#educational_post $