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PUMP holds key support amid whale deposit and rising liquidation clusters near $0.003 target.

Technical Signals
11 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

A whale deposited 742.3 million PUMP tokens worth $1.59 million into Binance after nearly five months of inactivity, raising concerns about potential sell pressure. Despite this, the whale retained a significant holding of 3.48 million PUMP tokens, indicating a strategic reposition rather than a full exit. Meanwhile, broader market data shows more tokens leaving exchanges than entering, supporting accumulation and price stability. PUMP currently trades just below a critical resistance zone at $0.00220, with strong support at $0.00201; if this support holds, a breakout toward $0.003 is possible, though failure could lead to downside risk. Dense liquidation clusters above current prices suggest potential volatility as buyers and sellers contest the supply zone.

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