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PUMP token surges 400% but bearish signals warn of a potential sharp pullback soon.

Technical Signals
30 Sep 2026
FXEmpire
View Source
Bearish
PUMP token surges 400% but bearish signals warn of a potential sharp pullback soon.

PUMP, the token of Solana-based memecoin launchpad Pump.fun, has rallied over 400% from its June lows, reaching near $0.0060. However, a bearish RSI divergence indicates weakening momentum despite price gains, suggesting a possible price correction. Additionally, a large imbalance in liquidation exposure—with much higher risk on the long side—raises the risk of a sharp pullback toward key support levels between $0.0051 and $0.0045. Investors should watch for potential profit-taking and a drop to the 20-day EMA around $0.00454 if the correction unfolds.

PUMP is trading at Rp102 on Pluang as of Sep 30, 2026 19:29 WIB, showing a modest 1.18% gain in the past day. Despite the news highlighting a potential 20% drop, current order activity on Pluang is heavily skewed towards selling at 80%. The typical hold time for PUMP investors on the platform is 28 days, indicating medium-term interest despite the risk signals.

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