🟢$370M burn meets bullish structure🟢
https://t.co/TsRcedHTs6 burned about $370M worth of $PUMP tokens and launched a buyback & burn program using 50% of revenue, cutting supply and boosting bullish sentiment as price reacted positively.
From a price action perspective, the daily chart is showing early signs of a bottoming structure, forming an inverse head and shoulders pattern, which is a high-probability reversal setup.
Confirmation will come if price successfully breaks above the neckline.
What do you think—are we seeing a real reversal forming, or just another relief rally before continuation down?
