Markets· ★★· bearish·

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