$PUMP 24 hours surged 19.8%, but the last 1 hour fell 2%—sell orders are smashing hard, yet the price hasn’t collapsed!
Current price 0.005751. 24h high 0.00603, low 0.004768. The 1-hour trading value is only 0.94x the 24h hourly average—no breakout in volume. Open position value is 116 million, down 3.1% over the past hour; older positions are being withdrawn. In the last hour, sell orders are 1.41x the buy orders; within 15 minutes this widened to 1.56x. Active sells are in control; funding rate is 0.005%—no crowding.
PANews previously reported that after Huang Licheng closed out PUMP long positions for profit, he opened a new leveraged long position; this older news is only background. With position reduction, heavier selling pressure, and no volume expansion, this move looks more like profit-taking is pulling out. Only if it holds above the price 1 hour ago at 0.005871 can it be considered stabilized; if it breaks below the 24h low at 0.004768, that’s the line.
#PUMP order book
Current price 0.005751. 24h high 0.00603, low 0.004768. The 1-hour trading value is only 0.94x the 24h hourly average—no breakout in volume. Open position value is 116 million, down 3.1% over the past hour; older positions are being withdrawn. In the last hour, sell orders are 1.41x the buy orders; within 15 minutes this widened to 1.56x. Active sells are in control; funding rate is 0.005%—no crowding.
PANews previously reported that after Huang Licheng closed out PUMP long positions for profit, he opened a new leveraged long position; this older news is only background. With position reduction, heavier selling pressure, and no volume expansion, this move looks more like profit-taking is pulling out. Only if it holds above the price 1 hour ago at 0.005871 can it be considered stabilized; if it breaks below the 24h low at 0.004768, that’s the line.
#PUMP order book
