[$PUMP Signal] Bullish + Main force accumulation pattern

2026-01-18 21:03:33

$PUMP Price drops but open interest remains high. Combined with market logic, this suggests it is more like a healthy shakeout caused by long liquidation rather than main force distribution.

🎯Direction: Long (Long)

🎯Entry: 0.00265 - 0.00270

🛑Stop Loss: 0.00250 (Rigid Stop Loss)

🚀Target 1: 0.00295

🚀Target 2: 0.00315

The price declines with extremely high open interest, indicating that many positions have not exited. No panic selling with increased volume occurred during the decline, which aligns with the main force using market sentiment to clean leveraged longs. The key support area shows strong buying absorption. Once the liquidation positions are cleared, the rebound momentum will quickly gather.

Trade here 👇 $PUMP

Follow me: Get more real-time analysis and insights on the crypto market!

#GateSquareCreatorSpringIncentive

#WeekendMarketAnalysis

#GateFunTokenRecommendation

#GateLaunchpadIMU

PUMP-1,74%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.