PUMPUSDT Diamond Pattern

PUMPUSDT has been consolidating within a diamond chart pattern on the 4 hour timeframe, following a prolonged downtrend. This type of structure signals potential reversal when occurring after a decline.


Diamond Formation: Price is compressing inside converging and diverging trendlines, creating a symmetrical diamond pattern.

Volume Profile Support: Significant volume support is visible in the $0.00240–$0.00250 range, which may act as a strong demand zone.

EMA Resistance: 50 EMA is currently positioned above the price, serving as dynamic resistance.

Breakout Potential: A breakout above the diamond resistance, especially with increased volume, could target the $0.005 –$0.007 zone, representing a major upside move.

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