Quick summary
PUMP has moved in QFL flow through four tradeable bounces since early June. Two hit the full profit target. The most recent drop was sharp, producing new base levels. The flush below support followed by a fast recovery looks encouraging for a resolve back to base.
What is PUMP?
Pump.fun is Solana's viral token launchpad, the platform behind thousands of meme coin launches. PUMP is its native token.
Trade Setup
Base: 0.001411 EUR
Current price: 0.001298 EUR below base
Position: 8% below base after a recent rally
Levels
Entry: –15% below base → 0.001199 EUR
Exit: +16% from entry → 0.001391 EUR
Panic / invalidation: base breaks and closes above 0.001411 with no reclaim
Disclaimer
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Written by
Andrew Kamsky
Andrew Kamsky is a Bitcoin analyst. He spent a decade in traditional finance across a Big Four firm and a listed fintech bank before going deep on Bitcoin full-time.
