PUMP be cautious about this rally. Looking back at the 1-hour chart, the price quickly dropped from the high of 0.002527 to the current 0.002402, which is a typical false breakout to trap buyers. It looks like a strong rally, but the details reveal the main force's true intention.

The indicators are all flashing red. RSI(6) has surged to 63.356494, firmly entering the overbought zone. The MACD is even more critical—the increasing red histogram bars are clearly narrowing, with DIF(0.000050) just crossing above DEA(0.000021), indicating that the momentum is already waning. Although the price is still above MA5 (0.002390) and MA10 (0.002306), this is just inertia; the main force has already started to distribute.

The trading plan is very clear. The current price at 0.002402 can directly open a short position, with the stop-loss placed above the previous high at 0.002527 to leave enough buffer. The downward targets are divided into two levels—first at the MA20 support at 0.002332, which is critical; second at 0.002121, the 24-hour low, which is the last line of defense.

Operational advice: stick firmly to the trend position and don’t be scared out by rebounds. Short-term traders can take profits in stages at support levels. Lastly, a reminder—main force will definitely use the overbought condition to reverse and dump the price. Once the key support is broken, the decline will accelerate. Managing risk properly is the most important.