$PUMP Hey crypto community! Let's dive into the $PUMP/USDT perpetual futures chart (3H timeframe on Binance) as of December 23, 2025. $PUMP is the official token of pump.fun, the leading Solana-based meme coin launchpad that's launched millions of tokens and generated massive revenue since 2024.Current Status (December 23, 2025):Price: ~$0.00179 - $0.00185 USD24h Change: Down ~9-11%Market Cap: ~$634M - $1B (depending on circulating supply metrics)24h Volume: $100M+ (still highly liquid on Binance)From ATH: -85%+ (ATH ~$0.01214 in July 2025)All-Time Low: ~$0.00113 in October 2025 (current levels are ~60% above that low but under heavy pressure)Chart Breakdown (Based on the shared screenshot and recent data):Long-term descending trendline (blue line) dominating: Price has repeatedly tested and been rejected from this resistance over months.Recent action (December 2025): Sharp dump in the highlighted area, dropping to ~0.0017 lows amid high liquidations and selling pressure.Overall pattern: Bearish channel with a potential falling wedge – but downside breakout more likely without strong volume.Key Levels:Support: $0.0017 - $0.0018 (historical lows)Resistance: $0.0020, then trendline (~$0.003+)Near-Term Price Outlook:Bearish Scenario (More Likely): Meme sector fatigue is real – dominance at multi-year lows, combined with ongoing class-action lawsuits alleging manipulation/MEV issues and whale dumps. Platform buybacks (~$175M+ since launch) provide some support, but not enough to counter macro selling. Short-term target: $0.0015 - $0.0017 retest, potential new lows below $0.0015 if sentiment stays "extreme fear."Bullish Scenario: Upward trendline break above $0.0025 (daily close) could spark a quick rebound to $0.003 - $0.004 (+100% upside). Pump.fun still dominates ~80% of Solana launches; any new features, rewards, or Solana rally could trigger it.My Forecast: End of 2025 / early 2026 range $0.0015 - $0.0025. Longer-term (2026+), some analysts eye $0.005+ if platform utility grows, but current risks dominate.