PUMP: Trader Eyes 80-120% Return on Dip Buy
PUMP at $0.0022 weekly level draws bids from Michaël van de Poppe targeting 80-120% gains as HYPE narrative sustains traction.
SourceAnalysis
Michaël van de Poppe highlighted $PUMP as the fresh narrative play while $HYPE maintains traction for nearly a year, urging dip buys on assets building community momentum.
The PUMP price prediction centers on the $0.0022 weekly level as optimal entry, with targets above $0.004 for an 80-120% move as market structure allows higher bids.
Technical confluence on the 4h chart shows price at $0.0 inside Bollinger Bands with upper resistance at $0.0 and lower support at $0.0; EMA50 and EMA200 both sit at $0.0 while RSI(14) at 53.55 stays neutral and MACD prints a death cross at 0.0, suggesting a measured retracement to the 50-EMA support before any continuation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast