PUMP's recent technical outlook is quite interesting. Based on the current trend, consider establishing a short position around 0.002976. The overall trend is indeed downward. How to play it specifically? Set the stop-loss at 0.003028, and once the price breaks below that level, exit to cut losses.
Take profit in two stages. First, lock in half of the position at 0.002880, which is right at the middle of the recent oscillation range, often accompanied by some rebound strength. Keep the other half holding, with a target of 0.002769, allowing for partial profit-taking and maintaining a relatively stable mindset.
Overall, the logic of this operation is to leverage the structural opportunities within the oscillation range. The key is to strictly follow the plan and not be influenced by market noise.
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SerumSqueezer
· 11h ago
The short position setup is okay, but the target at 0.002769 feels a bit greedy... the previous fluctuation didn't go that deep.
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GasWaster
· 11h ago
Short position, huh? I feel like this price level is a bit risky. A slight rebound could break the stop-loss.
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ILCollector
· 11h ago
The short positions are back. Can they really hit the target this time?
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IntrovertMetaverse
· 12h ago
Short position... Can we hold on this time? Feels like the recent PUMP decline is a bit fake.
PUMP's recent technical outlook is quite interesting. Based on the current trend, consider establishing a short position around 0.002976. The overall trend is indeed downward. How to play it specifically? Set the stop-loss at 0.003028, and once the price breaks below that level, exit to cut losses.
Take profit in two stages. First, lock in half of the position at 0.002880, which is right at the middle of the recent oscillation range, often accompanied by some rebound strength. Keep the other half holding, with a target of 0.002769, allowing for partial profit-taking and maintaining a relatively stable mindset.
Overall, the logic of this operation is to leverage the structural opportunities within the oscillation range. The key is to strictly follow the plan and not be influenced by market noise.