PUMP Price Crashes Below Key Level, More Pain Ahead?

TL;DR

• PUMP value breaks main help, merchants now eye $0.0024 as the subsequent possible goal.
• Funds start offloading tokens after the worth dips under the non-public and public sale entry level.
• Bullish wedge sample hints at a potential 50% rally if the asset reclaims the higher resistance zone.

Help Break Alerts Deeper Slide

Pump.enjoyable (PUMP) has dropped under a key help at $0.004035. This stage had acted as a base over the previous few periods, with a number of makes an attempt to carry. On July 22, the asset failed to remain above the zone, then tried a quick 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% during the last 24 hours and greater than 34% up to now week. Furthermore, it has now fallen under its non-public and public sale value of $0.004.

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

The $PUMP value has dropped under its non-public/public sale value of $0.004.

“PUMP Prime Fund 1” spent 100M $USDC to purchase 25B $PUMP at $0.004 within the non-public sale.
To this point, 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 stage, which sits roughly 40% under present value ranges and aligns with a earlier demand space.

Bearish Strain Builds, Bulls Wait

Notably, the current breakdown mirrors an identical transfer from July 14–16, when the worth 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 state of affairs, one other analyst, Captain Faibik, shared a distinct chart. Their view reveals a bullish “PO3” sample alongside a falling wedge on the 1-hour chart. These constructions, when confirmed, typically lead to 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 worth might rally by as a lot as 50%, in line with 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. Nevertheless, some customers couldn’t full their purchases. Kraken confirmed it would airdrop PUMP tokens to affected accounts.

Individually, one person by accident burned 10 million tokens price round $75,000 via a pockets operation shortly after launch. Information reveals the cash have been eliminated both by a default device or person error.