PUMPUSDT how to spot seller exhaustion? On lower TF, when the RSI made a higher low while price made a lower low, and when volumes get lower and lower… red candles become smaller.. it usually points to a bottoming out (at least locally)- if anyone is wondering when to enter long for example. Lol. Just fyi.
PUMPUSDT.P nothing is up- so u cant expect a rally imminent. This needs to form a floor. Patience. Consolidation taking place. After which, we either break up or down. We shall see where. I find it funny everyone is so used to the casino environment, no one can deal with a couple of down days. This Sunday was the mother of all liquidations… the dust needs to settle before moving forward. This is absolutely normal.
PUMPUSDT.P it’s all about capital management. Always have money on the side. I am not some pump lover, I dont have emotional attachment- we r all here to make money. I just did some simple math: 2 weeks ago, pump.fun had less than 5% of the supply in buybacks. Now, they have over 7%. If this continues (they still buy using 100% of their revenue daily), at some point, sellers get tired, and the price shoots up. I have time, I can wait, and can buy more at each leg down. The more, the merrier.
PUMPUSDT.P so while liquidity is busy over at $WLFI, this will correct deeper. Not to worry, RSI on daily was heavily oversold so this isn't unexpected. Let it cool off. I assume it will dip below 0.006 now. I am not shorting because not sure where the floor is, but will buy more below 0.006. I believe that would be low enough to then induce the next leg up.
PUMPUSDT.P ape mode fully on. But no crazy leverage - I still have a head on my shoulders lol. Enjoy your weekend everyone. and please manage risk appropriately. it feels so good to be right 😌😌 For now lol
PUMPUSDT.P Also, RSI divergence on lower timeframes- 0.007 could be the floor. Am closing short completely now- but not going full on ape just yet. Break below still possible.
PUMPUSDT.P if 0.007 doesn’t break by today’s close, then a reversal can happen higher than expected. That is good. Starting to incrementally buy now. Just keep enough cash on the side to DCA. Most important rule (I think- NFA) to making money lol
PUMPUSDT.P taking partial profits on short soon, but chances are sprike down closee to 0.0065 ish? Depends on liquidations. Buying tokens anywhere 0.0675 and below, will have lotsa cash at that pt lol. No leverage tho, playing it safe and adding to bag. Risk free pretty much that way.
PUMPUSDT how to spot seller exhaustion? On lower TF, when the RSI made a higher low while price made a lower low, and when volumes get lower and lower… red candles become smaller.. it usually points to a bottoming out (at least locally)- if anyone is wondering when to enter long for example. Lol. 
