PUMP Continues to Face Selling Pressure as Technical Indicators Signal a Deep Decline

2025-12-26 19:19:46

Pumpfun (PUMP) is currently facing significant challenges in the market. Over the past two months, this token has lost more than half of its value, with a decline exceeding 57%. This situation reflects a highly volatile period for the project.

On the technical side, the head and shoulders (head and two shoulders) pattern has formed and been confirmed on the daily chart, sending clear warning signals. A break below the $0.0035 level has opened a new chapter for the downtrend, as active sellers take control of the price movement. The Fear & Greed index is currently at a low level, indicating market sentiment is in the “fear” zone, which is often associated with strong selling waves.

Further selling pressure could push the price toward $0.00085 if the downtrend continues. The positive recovery momentum has weakened significantly, while the downtrend still maintains control.

Currently, PUMP is recording a -0.83% decrease in the past 24 hours, reflecting ongoing market instability. Investors should pay attention to key support levels and closely monitor technical signals in the coming days.

PUMP2,51%

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