Hello There,

welcome to my new analysis of PUMP from a 2-day timeframe perspective. In the current cryptocurrency market, some coins still show potential despite mixed signals in the medium and long term. Such altcoins have the potential to realize solid trading opportunities in the current market phase. With one of them being PUMP, I spotted bullish signs which should not be underestimated at the moment.

When looking at my chart now, we can see how PUMP recently completed this gigantic descending wedge formation with a major breakout above the upper boundary. It settled above the EMAs, and they now serve as major support. Since PUMP bounced within the boundary of the descending wedge, which matches the EMAs, this is a continuation setup that continues bullishly towards the upside with further bullish expansion potential.

The completion of this whole formation has activated the upper target zones as seen in my chart. Currently, PUMP is still in a continuing state with bullish accelerations towards the upside. With the current momentum holding, PUMP has a strong potential to even shoot above the final bullish target mentioned. With a growing network behind PUMP, there is also fundamental support for these bullish moves to consider in the upcoming times.

In this manner, thank you a lot for watching!
The support is highly appreciated.

VP