$PUMP — Buyers failed to hold the expansion high, and price is rotating back into the prior range.

Short $PUMP

Entry: 0.00255 – 0.00260

SL: 0.00263

TP: 0.00249 – 0.00243 – 0.00237

$PUMP saw a sharp upside push into 0.00261, followed by immediate rejection from overhead supply.

The move higher failed to sustain, with sellers forcing price back below short-term EMAs.

Momentum has shifted lower intraday, as the impulsive leg has fully retraced into balance.

Structure favors mean reversion while price trades back inside the previous range.

Unless $PUMP reclaims and holds above 0.00263, downside continuation toward range lows remains favored.

Trade PUMP👇

PUMPSolana
PUMPUSDT
0.002692
-4.13%