$PUMP is down 6.7% today and sitting at $0.004212, well off its own 24h high of $0.004553.
the weird part is the week still shows +15.3%. so this is a coin that ran hard and is now giving a chunk of it right back. pump.fun just shipped HyperEVM support on mobile with zero-fee trading, and revenue reportedly surged past hyperliquid, that's real usage news, not filler. usage headlines and price are not agreeing with each other right now, and when they disagree i trust the chart.
a token that can't hold its own week's gains on good news is telling you supply is heavier than the story.
right now $PUMP trades at $0.004212. if it loses the $0.004144 low again, i think this drops toward new lows and the whole week of gains gets erased. if it loses $0.004144, i'm wrong about this being a shakeout and there's nothing left to defend, that's a stop-out for anyone who bought the pump.
holding $0.004144 or losing it?
follow me for more calls like this.
the weird part is the week still shows +15.3%. so this is a coin that ran hard and is now giving a chunk of it right back. pump.fun just shipped HyperEVM support on mobile with zero-fee trading, and revenue reportedly surged past hyperliquid, that's real usage news, not filler. usage headlines and price are not agreeing with each other right now, and when they disagree i trust the chart.
a token that can't hold its own week's gains on good news is telling you supply is heavier than the story.
right now $PUMP trades at $0.004212. if it loses the $0.004144 low again, i think this drops toward new lows and the whole week of gains gets erased. if it loses $0.004144, i'm wrong about this being a shakeout and there's nothing left to defend, that's a stop-out for anyone who bought the pump.
holding $0.004144 or losing it?
follow me for more calls like this.
