Pump.fun (PUMP) fell 7.2% to around $0.0055, breaking its $0.006 support level amid a 20% drop in trading volume to $427 million. The price decline caused over $5 million in long position liquidations, increasing selling pressure and causing a net outflow of $27 million in futures. Spot market also saw strong selling, with sell volume exceeding buy volume and a significant rise in spot net inflows. Technical indicators like MACD and Stochastic Momentum Index signal continued bearish momentum, suggesting PUMP could fall further to $0.0046 unless selling pressure eases.
Pump.fun's recent price drop is noted alongside Pluang's market data. For readers following major cryptocurrencies, 14 rose and 35 fell today among 50 priced assets. Notable movers include BAL at Rp16.297 with an 11.14% gain, ALGO down 9.60% at Rp2.118, and ATOM up 9.51% at Rp34.991. This snapshot is as of Oct 09, 2026 19:21 WIB.
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