O Allah, grant us better in this month of Ramadan 🤲
$PUMP /USDT — 0.001788, bouncing off the grey zone with a move loading (1H TF).
PUMP ground lower for most of the week but found its footing right at the grey demand zone around 0.001720–0.001750. That zone has now been tested multiple times on the 1H and buyers keep showing up there. The projected move is building from that base.
The grey zone at 0.001720–0.001750 is the foundation. Every dip into it has been bought and price is now sitting above it at 0.001788. The chart shows one more potential dip back into the zone — a final shakeout — before the real move higher begins.
The two arrows on the chart both point upward toward 0.001950 and 0.002000. That's the target range if the grey zone holds on the next test. The dotted pivot around 0.001780 is the immediate level — holding above it on the 1H keeps the bull case alive.
The horizontal at 0.001750 is the line that cannot break. A 1H close below it puts the grey zone under pressure and changes the short term picture.
$PUMP is setting up for a move on the 1H. The grey zone has proven itself, the projected path points higher, and price is consolidating just above support. One more dip into 0.001720–0.001750 that holds would be the cleanest entry for the move toward 0.002000.
#pump #nimistark