PUMP Price Crashes Below Key Level, More Pain Ahead?

TL;DR

• PUMP worth breaks main assist, merchants now eye $0.0024 as the following seemingly goal.
• Funds start offloading tokens after the value dips beneath the personal and public sale entry level.
• Bullish wedge sample hints at a attainable 50% rally if the asset reclaims the higher resistance zone.

Help Break Indicators Deeper Slide

Pump.enjoyable (PUMP) has dropped beneath a key assist at $0.004035. This degree had acted as a base over the previous few classes, with a number of makes an attempt to carry. On July 22, the asset failed to remain above the zone, then tried a short restoration, however the rejection confirmed a bearish setup.

As of press time, PUMP was buying and selling at $0.00371. That marks a decline of practically 15% over the past 24 hours and greater than 34% up to now week. Furthermore, it has now fallen beneath its personal and public sale worth of $0.004.

Lookonchain information exhibits that two main funds, which purchased in at that degree, have already moved giant parts of their holdings to exchanges. One despatched 17 billion tokens, whereas the opposite has offloaded its total 12.5 billion allocation.

The $PUMP worth has dropped beneath its personal/public sale worth of $0.004.

“PUMP Prime Fund 1” spent 100M $USDC to purchase 25B $PUMP at $0.004 within the personal sale.
To date, he has deposited 17B $PUMP($89.5M) to exchanges by way of #FalconX and nonetheless maintain 8B $PUMP($29.58M).

“PUMP Prime Fund… pic.twitter.com/xibWUaCOxz

— Lookonchain (@lookonchain) July 22, 2025

Analyst CryptoPatel pointed to a possible transfer towards the $0.0024 degree, which sits roughly 40% beneath present worth ranges and aligns with a earlier demand space.

Bearish Strain Builds, Bulls Wait

Notably, the latest breakdown mirrors the same transfer from July 14–16, when the value fell by over 40%. The present sample means that sellers stay in management. Except PUMP reclaims the zone between $0.004035 and $0.004061, the pattern stays tilted to the draw back. This vary now acts as resistance.

In distinction to the bearish situation, one other analyst, Captain Faibik, shared a special chart. Their view exhibits a bullish “PO3” sample alongside a falling wedge on the 1-hour chart. These constructions, when confirmed, usually end in a transfer to the upside.

The chart outlines a shift from accumulation to manipulation, with the asset now hovering on the fringe of a possible distribution zone. If the wedge breaks upward, the value might rally by as a lot as 50%, in response to Faibik’s projection.

Kraken Airdrop and Token Loss Occasion

Pump.enjoyable held a $500 million ICO on July 13, which sold out in 12 minutes. Nonetheless, some customers couldn’t full their purchases. Kraken confirmed it can airdrop PUMP tokens to affected accounts.

Individually, one person by accident burned 10 million tokens value round $75,000 by means of a pockets operation shortly after launch. Information exhibits the cash have been eliminated both by a default software or person error.