Markets· ★★· bearish·

PUMP breaks key support at $0.0043 as buybacks fail to stem losses

  • —PUMP fell to $0.0043 after breaking $0.00475 support
  • —RSI at 26.09 points to oversold conditions
  • —October 13 turnover was $489.2 million, with PumpSwap contributing $333 million
  • —Buybacks of $976,200 removed just 0.019% of supply
Why it matters: Holding $0.004226 will decide whether PUMP rebounds toward $0.00475 or extends losses to $0.0038–0.0040.
Source: AMBCrypto