Pump.fun (PUMP) has breached the neckline of a head and shoulders pattern, indicating potential for further declines. The token fell over 11% today, extending its monthly losses to 24%, as selling pressure intensified towards the $0.00235 mark. Traders are now eyeing the neckline as a resistance level, with additional declines likely if PUMP fails to recover above this threshold.
Pump.fun (PUMP) Breaks Key Support, Faces Further Downside Risk
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