PUMP is now near 0.0052. In a week it came up from 0.0026, nearly doubling. I still recognize the direction, but I won’t chase it from this level.
The foundation behind this move is money. In the spot market, over the past three hours, net inflows have been in twelve green pillars—none of them dropped. The active buy orders are also pressing against the sell orders. For the seven-day contracts, it has risen more than 90%, and it isn’t just a fake pump. The whale long position ratio is 62% and still increasing; the big positions haven’t exited.
On the sentiment side, it’s also bullish. The most discussed thing these days is that Pump.fun’s annualized revenue takes half out to buy back and burn—this narrative has, in the short term, supported the price.
But the problem is the level. RSI 87, MFI 92—short-term indicators are already maxed out, grinding right along the seven-day high. Open interest has increased another 13% in a day, and leverage is piling up. Oddly, in the spot market, for the last 15 minutes, large orders are actually net outflows; on the order book, sell pressure is heavier than buy pressure. It’s gone up too fast, and some people are starting to take profit.
So I’ll stick with the direction, but chasing longs from this spot has poor value. Wait for a pullback and see whether the funds still step in—then it would be much more comfortable to go long once it holds. If it breaks the high directly on heavy volume, don’t get carried away either. This kind of volatility isn’t something a beginner can comfortably withstand.
#pump $PUMP
The foundation behind this move is money. In the spot market, over the past three hours, net inflows have been in twelve green pillars—none of them dropped. The active buy orders are also pressing against the sell orders. For the seven-day contracts, it has risen more than 90%, and it isn’t just a fake pump. The whale long position ratio is 62% and still increasing; the big positions haven’t exited.
On the sentiment side, it’s also bullish. The most discussed thing these days is that Pump.fun’s annualized revenue takes half out to buy back and burn—this narrative has, in the short term, supported the price.
But the problem is the level. RSI 87, MFI 92—short-term indicators are already maxed out, grinding right along the seven-day high. Open interest has increased another 13% in a day, and leverage is piling up. Oddly, in the spot market, for the last 15 minutes, large orders are actually net outflows; on the order book, sell pressure is heavier than buy pressure. It’s gone up too fast, and some people are starting to take profit.
So I’ll stick with the direction, but chasing longs from this spot has poor value. Wait for a pullback and see whether the funds still step in—then it would be much more comfortable to go long once it holds. If it breaks the high directly on heavy volume, don’t get carried away either. This kind of volatility isn’t something a beginner can comfortably withstand.
#pump $PUMP