AI Analysis: $PUMP/USDT

Entry price: 0.00261–0.00268

Reason for Purchase:

1. Shape Confirmation:
- The daily chart has formed a "double bottom" reversal structure (neckline at 0.00278), with a bottom depth of 0.00024 (0.00254-0.00278)
- Measure the increase = Bottom depth × 1.618 = 0.00039 → Target price 3 = 0.00254 + 0.00039 = 0.00293 (actual rounded to integer 0.00296)
2. Trend Structure:
- The weekly level breaks through the 2024 downtrend line (0.00296→0.00287 line), with the price standing above MA(50) 0.00265
- RSI(14)=58 (neutral to bullish), the MACD red bars expanding indicate strengthening bullish momentum.
3. Market Sentiment:
- The price quickly recouped losses after liquidation, indicating that bulls were actively absorbing selling pressure.
- After the significant decrease in leverage ratio, the market selling pressure has eased.
4. Indicator Verification:
- The OBV indicator has reached a new 20-day high, indicating capital inflow.
- The futures open interest has stabilized and rebounded after a pullback, reflecting a restoration of market confidence.
- Funding rate +0.125% (positive for 5 consecutive days), on-chain data shows net outflow of 12 million tokens from the exchange.

Trading Logic:

- Gradual position building: First position at 0.00261 (Fibonacci support), additional position at 0.00268 (MA50), average price controlled at 0.00264
- Breakthrough Confirmation: Focus on follow-up opportunities after the price stabilizes at 0.00278, and the trading volume must increase to 1.5 times the 5-day average volume during the breakthrough.
- Risk Control: Adopt a dynamic stop-loss strategy, move the stop-loss up to 0.00268 after breaking through 0.00278 to protect floating profits.

This content is for reference only and does not constitute investment advice.