$PUMP is down around 30% this month after a $6.3M whale completely sold out, despite the team continuing daily token buybacks. Those buybacks are helping soak up sell pressure, but the overall structure is still pointing down.
Being oversold alone doesn’t signal a reversal — structure does.
Key levels to watch: $0.0025 support and a clean EMA reclaim.
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$PUMP is down around 30% this month after a $6.3M whale completely sold out, despite the team continuing daily token buybacks. Those buybacks are helping soak up sell pressure, but the overall structure is still pointing down.
Being oversold alone doesn’t signal a reversal — structure does.
Key levels to watch: $0.0025 support and a clean EMA reclaim.