
$PUMP — Strong short squeeze signals bullish continuation.
Long $PUMP
Entry: 0.00143 – 0.00146
SL: 0.00139
TP1: 0.00150
TP2: 0.00158
TP3: 0.00168
A significant $21.75K short liquidation just hit PUMP at $0.001450, forcing bearish traders to cover positions as price moved higher. The squeeze confirms strengthening buyer momentum and indicates that sellers are steadily losing control of the short-term trend.
This follows several recent liquidation events on both the long and short side, showing that PUMP has undergone a meaningful leverage reset. The shift from repeated long liquidations to a fresh short squeeze suggests bullish momentum is improving as forced buying adds fuel to the recovery.
If PUMP maintains the 0.00143–0.00146 support zone and breaks above 0.00150 resistance, momentum could accelerate toward higher targets. A successful breakout would reinforce the bullish structure and increase the probability of a sustained rally.
With bears under increasing pressure and fresh buying interest continuing to enter the market, the path of least resistance remains to the upside. The latest short liquidation reinforces the view that PUMP is well-positioned for a bullish continuation if buyers continue defending key support.
