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PUMP whale opens $6M leveraged long, boosting bullish momentum amid key support levels.

Technical Signals
20 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

A trader opened a $6 million 10x leveraged long position on Pump.fun (PUMP), signaling strong bullish confidence as the token rose 8.51% in 24 hours to around $0.003017. The position’s liquidation price is set at $0.002852, making this level critical for maintaining the upward momentum. Additionally, spot outflows from exchanges reduced available supply, supporting the whale's position and limiting selling pressure. If PUMP holds above $0.002852, it could push toward resistance levels at $0.003128 and $0.003150, but a drop below this support could weaken the bullish trend.

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