$PUMP A large holder sold 3.8B tokens at a $12M loss, driving the price down over 12% daily, creating intense selling pressure.

Bearish Technicals: The price is trading below all key EMAs with a deeply oversold RSI (28.8), confirming a strong downtrend and market weakness.

Smart Money Divergence: Despite the downtrend, long whales are accumulating while short whales begin to take profits, signaling potential bottoming activity.

Launch Campaign: Binance is offering a 350M PUMP reward pool through trading and deposit promotions, creating opportunities amid the volatility.

Bearish Trend Dominates

Price Action: PUMP is in a sharp downtrend at $0.001772 (-12.16% 24h), trading significantly below its 7, 25, and 99-period EMAs.

Technical Signals: An oversold RSI at 28.8 and a negative MACD confirm intense selling pressure. The lower Bollinger Band at $0.00174 acts as immediate support.

Capital Flow: The token shows significant net outflows, with large orders contributing to the selling, which signals strong bearish conviction from major players.

Whales Position for Reversal?

Short Whales Dominant: Short whales hold large profitable positions with an average entry of $0.00268 but have begun reducing their total quantity.

Long Whales Accumulating: Long whales are buying into weakness, increasing positions despite being at an average loss with an entry price around $0.00195.

Bearish Control, Bullish Divergence: The trend remains bearish, but this divergence suggests smart money is cautiously positioning for a potential price bottom.

Whale Dump Pressures Market

A whale's $12.2M loss on a 3.8B PUMP sale is driving negative sentiment.

This overshadows positive news about PUMP's high revenue and DEX volume growth. 🔗

350M PUMP Launch Rewards

Launch Event: A 350 million PUMP token reward campaign is currently active on Binance.

Earn Rewards: Users can participate via trading (≥300 USD) or depositing (≥100 USD) to share the prize pool.

High-Risk Volatility Outlook#USCryptoStakingTaxReview #BTCVSGOLD