$PUMP broke below key support, plunging as much as 7.2% intraday.
The Pump.fun token $PUMP fell below the $0.006 support level, hitting a low of $0.0052 before hovering around $0.0055 at the time of writing. CoinGlass data shows that about $5.09 million in long positions were liquidated. Amid the selling pressure, futures net outflows plunged 98% from the previous period to -$27 million. Meanwhile, the token’s 24-hour trading volume shrank 20% to $427 million, signaling a marked cooldown in market activity.
(Source: X)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
#PUMP #Memecoin
The Pump.fun token $PUMP fell below the $0.006 support level, hitting a low of $0.0052 before hovering around $0.0055 at the time of writing. CoinGlass data shows that about $5.09 million in long positions were liquidated. Amid the selling pressure, futures net outflows plunged 98% from the previous period to -$27 million. Meanwhile, the token’s 24-hour trading volume shrank 20% to $427 million, signaling a marked cooldown in market activity.
(Source: X)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
#PUMP #Memecoin