Technical analysis by miljedtothemoon about Symbol PUMP: Sell recommendation (10/31/2025)

PUMPUSDT.P is displaying a corrective pullback within a broader bearish structure, currently testing the $0.00480 zone where a sell short limit order is positioned. Price action suggests a potential lower high formation, with downside continuation favored toward the $0.00330 target. The invalidation lies above $0.00555, maintaining a clear risk boundary. Overall, this represents a moderate-risk short setup, dependent on rejection confirmation from the immediate resistance zone to validate continued bearish momentum.