Pump.fun (PUMP) Slides Lower: Is a Breakdown Below $0.0020 on the Charts?

TheNewsCryptoPublicado em 2026-02-04Última atualização em 2026-02-04

Resumo

Amid a broader crypto market downturn, with the total market cap falling to $2.58T, Pump.fun (PUMP) has declined by 3.78% in the last 24 hours. Trading at $0.002361, it faces a key support level at $0.00235. Technical indicators are bearish: the MACD is below zero, the RSI at 38.4 nears oversold territory, and the Chaikin Money Flow shows very weak buying pressure. A break below support could lead to further declines toward $0.0020, while a bullish reversal would need to overcome resistance near $0.00237.

With the red lights flashing across the crypto assets, the recovery attempts are slowing down. The price movements are losing momentum and failing to find the green zone. The broader crypto market cap is resting around $2.58 trillion after losing 2.81%. Bitcoin (BTC) and Ethereum (ETH), the largest assets, are trading at $76.2K and $2.2K.

Meanwhile, Pump.fun (PUMP) has posted a 3.78% drop in the last 24 hours. In the morning hours, the asset was positioned at a bottom of $0.00229, and with the midday trading, a brief bullish turn has driven the PUMP price toward a high of $0.002575. At press time, it traded at $0.002361, with its trading volume reaching $243.62 million.

With the bearish sentiment, the Pump.fun price might slip toward the key support at the $0.002350 range. If the death cross is taking place, the downside correction could strengthen, and likely the bears lead the asset’s price action down, below $0.002339.

On the flip side, assuming the bulls appear, the PUMP price could rise to its immediate resistance at around $0.002372. Upon the upside pressure gains more power, it initiates the golden cross to unfold, and the bulls would take the price above $0.002383.

Technical Outlook Weakens for Pump.fun Amid Bearish Signals

The Moving Average Convergence Divergence (MACD) and signal lines of Pump.fun are below the zero line, pointing to bearish momentum. Price remains below the longer-term average. Unless the lines start turning above the zero line, the downside pressure will persist.

In addition, the Chaikin Money Flow (CMF) indicator of PUMP at 0.02 hints at very weak buying pressure. Significantly, the money flow is slightly positive, but it is not strong enough to confirm accumulation. This likely shows indecision in the market.

Pump.fun’s daily Relative Strength Index (RSI) is found at 38.40 signals bearish sentiment, and it is approaching the oversold zone. If the value stabilises or turns upward from this level, it could witness a short-term relief bounce.

Furthermore, the Bull-Bear Power (BBP) reading of PUMP staying at -0.000108 exhibits slight bearish pressure, but it is weak. The momentum is nearly flat, suggesting market indecision, and this appears near the consolidation phase or briefly before a potential shift in direction.

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Perguntas relacionadas

QWhat is the current price of Pump.fun (PUMP) and how much has it dropped in the last 24 hours?

AAt press time, Pump.fun (PUMP) is trading at $0.002361 and has posted a 3.78% drop in the last 24 hours.

QWhat are the two key technical levels mentioned for Pump.fun's potential price movement?

AThe key support level is at $0.002350, and the immediate resistance level is around $0.002372.

QWhat does the MACD indicator being below the zero line indicate for Pump.fun's price?

AThe Moving Average Convergence Divergence (MACD) and signal lines being below the zero line point to a bearish momentum for Pump.fun.

QWhat does the Chaikin Money Flow (CMF) value of 0.02 suggest about the market for PUMP?

AA CMF value of 0.02 hints at very weak buying pressure and suggests indecision in the market, as the money flow is only slightly positive and not strong enough to confirm accumulation.

QAccording to the RSI, what sentiment is currently prevailing for Pump.fun and what could a stabilization at its current value lead to?

AThe daily Relative Strength Index (RSI) at 38.40 signals a bearish sentiment and is approaching the oversold zone. If the value stabilizes or turns upward from this level, it could witness a short-term relief bounce.

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Como comprar PUMP

Bem-vindo à HTX.com!Tornámos a compra de Pump.fun (PUMP) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Pump.fun (PUMP) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Pump.fun (PUMP)Depois de comprar o teu Pump.fun (PUMP), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Pump.fun (PUMP)Transaciona facilmente Pump.fun (PUMP) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

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