📉PUMP has been sliding for five days straight, trading around $0.00186, and honestly you can feel how cautious traders are becoming 😬.
Platform revenue dropped from $13.6M to $9.4M this week, and retail interest is fading fast. 📉
Even futures Open Interest is down to $155M, far from the crazy $1.23B peak we saw in September.💸
What surprised me today was the combination of lower revenue and a big token unlock — 10 billion $PUMP hitting the market on Tuesday.
That’s a lot of extra supply during a market that already feels heavy. 💵💰
🧐Technically, things still look bearish. PUMP is approaching key support at $0.00167, and indicators like RSI and MACD show sellers in control. If that support breaks, we could see a move toward $0.00100.
Still, these moments often reveal the real strength of a project. Let’s see how Pump.fun responds.
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