
Pump.fun's PUMP loses $0.006 support as $5M in longs get liquidated
- —PUMP breached $0.006 support and fell to a low of $0.0052
- —Long liquidations totaled $5.09 million
- —Trading volume dropped 20% to $427 million
- —Futures netflow fell 98% to -$27 million
Why it matters: Sustained selling pressure and a bearish MACD crossover risk pushing PUMP below $0.005 toward $0.0046.
Source: AMBCrypto