Pump.fun (PUMP) Price Prediction: PUMP Open Interest Slumps 74% as Price Stays Range-Bound
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- PUMP trades in a tight $0.0039–$0.0046 range, signaling consolidation before a breakout.
- Futures open interest has fallen to $329M, showing reduced speculative leverage in PUMP.
- Spot inflows of $1.04M suggest cautious re-accumulation amid a potential bullish shift.
Pump.fun (PUMP) continues to trade within a tight range, showing signs of exhaustion after weeks of declining momentum. The token, which once traded near $0.00757, has now settled between $0.0039 and $0.0046. This extended consolidation indicates uncertainty among traders as both bullish and bearish forces balance out. Significantly, the tightening Bollinger Bands suggest an imminent breakout, with volatility likely to return soon.
Sideways Movement and Technical Compression
The PUMP/USDT 4-hour chart shows a prolonged sideways phase following a sharp correction from early September highs. The token…
Read The Full Article Pump.fun (PUMP) Price Prediction: PUMP Open Interest Slumps 74% as Price Stays Range-Bound On Coin Edition.
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Pump.fun (PUMP) Price Prediction: PUMP Open Interest Slumps 74% as Price Stays Range-Bound
Share:
- PUMP trades in a tight $0.0039–$0.0046 range, signaling consolidation before a breakout.
- Futures open interest has fallen to $329M, showing reduced speculative leverage in PUMP.
- Spot inflows of $1.04M suggest cautious re-accumulation amid a potential bullish shift.
Pump.fun (PUMP) continues to trade within a tight range, showing signs of exhaustion after weeks of declining momentum. The token, which once traded near $0.00757, has now settled between $0.0039 and $0.0046. This extended consolidation indicates uncertainty among traders as both bullish and bearish forces balance out. Significantly, the tightening Bollinger Bands suggest an imminent breakout, with volatility likely to return soon.
Sideways Movement and Technical Compression
The PUMP/USDT 4-hour chart shows a prolonged sideways phase following a sharp correction from early September highs. The token…
Read The Full Article Pump.fun (PUMP) Price Prediction: PUMP Open Interest Slumps 74% as Price Stays Range-Bound On Coin Edition.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
Ethereum Price Prediction: ETH Price Weakness Persists Despite Cooling Sell Pressure