Technical analysis by CryptoNuclear about Symbol PUMP: Buy recommendation (8/29/2025)

🔎 Market Structure & Pattern PUMP/USDT is showing signs of momentum shift after being trapped in a prolonged downtrend. The major descending trendline (yellow) — which has consistently acted as a dynamic resistance — has finally been broken to the upside. This signals the potential transition from a distribution/sideways phase into an accumulation → expansion phase. The 0.0030 – 0.0032 zone (yellow box) is now a key support area. Previously it acted as a strong resistance, but after the breakout, the zone is being retested (role reversal). How the price reacts here will determine the next major move. --- 📈 Bullish Scenario Condition: Price holds above 0.0030–0.0032 after the breakout. Additional confirmation: Strong 6H/Daily close above the trendline with rising volume. Upside targets: R1: 0.003692 R2: 0.004108 R3: 0.004459 R4: 0.005521 R5: 0.006779 – 0.006891 (previous high) If these levels are cleared one by one, the structure will officially shift into higher highs & higher lows, confirming a trend reversal. --- 📉 Bearish Scenario Condition: Price fails to hold above 0.0030–0.0032 and closes back below the support zone. Additional confirmation: Strong bearish rejection at R1–R2 with patterns like bearish engulfing or shooting star. Downside targets: First support: 0.0028 Key structural low: 0.002254 If this happens, the current breakout will be considered a false breakout, and the long-term downtrend may continue. --- ⚖️ Conclusion The market is currently at a critical juncture. A confirmed hold above 0.0030–0.0032 could open the door for a rally towards 0.0044 → 0.0055 → 0.0067. Failure to hold this support, however, may send the price back to 0.002254. Risk management is essential — keep tight stop-losses below the support zone. --- 🚀 PUMP/USDT (6H) Trendline Breakout Price has broken out of the major downtrend and is now retesting the 0.0030–0.0032 key support zone. 📈 If the zone holds → potential rally towards 0.003692 / 0.004108 / 0.004459 / 0.005521 / 0.006779. 📉 If the zone fails → watch for downside continuation to 0.002254. 🔥 The market is at a decisive point — watch price action closely. (Not financial advice — always apply proper risk management.) #PUMPUSDT #Crypto #Altcoins #Breakout #Trendline #TechnicalAnalysis #PriceAction #SwingTrade #CryptoTrading #RiskManagement