PUMP/USDT performance on the 15-minute timeframe is worth noting. The current price stands at 0.002461, up 1.48% from the trend initiation point, but overall it remains in a bearish continuation pattern, having already run through 6000 candles.



Technically, the price is bouncing off the downtrend line, but the strength of the rebound is clearly questionable. The tracking line is set around 0.002455, which can serve as a dynamic stop-loss and resistance reference.

Key levels analysis: support levels below are at 0.00240, 0.00238, and 0.00235; resistance levels above focus on 0.00247, 0.002486 (recent sideways range), and 0.002565.

The current outlook remains bearish. As long as the price does not effectively break through 0.002486, opportunities for short-term longs can still be considered. However, caution is necessary—since the current price is already above the trend initiation point and the tracking line, a strong upward breakout above 0.002486 could invalidate this downward structure. Bear players should stay alert to this turning point.
PUMP4,28%
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GasGrillMastervip
· 01-07 03:57
Still stuck at 0.002486, will it really break this time... I just have a feeling it's repeatedly testing the waters.
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DAOdreamervip
· 01-06 14:25
It's both a rebound and a stop-loss. If we can't break through this 0.002486, let's just keep shorting.
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Lonely_Validatorvip
· 01-06 04:52
It's both a rebound and a trend line. After all this talk, isn't it just stuck at 0.002486?
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NestedFoxvip
· 01-06 04:51
The short squeeze this time seems a bit weak, probably about to break the level.
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Frontrunnervip
· 01-06 04:50
It's the same old trick again. The strength of the rebound is questionable, meaning it can't go up. I bet it won't reach 0.002486.
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BlindBoxVictimvip
· 01-06 04:37
Still debating this level... Whether it breaks 0.002486 depends on the next few candlesticks. I bet it will continue to drop.
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InfraVibesvip
· 01-06 04:30
Oh no, it's the same rebound and dead pattern again. Can 0.002486 break through? Feels quite challenging. This short position is a bit risky. A 1.48% increase doesn't seem like much, but I don't feel confident. 6000 candlesticks have passed. If it keeps dropping, I'll give up.
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