PUMP -1712.57% in 1 Year Amid Sharp Short-Term Downturn

On OCT 12 2025, PUMP dropped by 90.31% within 24 hours to reach $0.003739, PUMP dropped by 4204.72% within 7 days, dropped by 3728.36% within 1 month, and dropped by 1712.57% within 1 year.

The asset has experienced a dramatic and sustained decline, with a particularly severe 90% loss in a single 24-hour period. This sharp drop followed an already steep trajectory, with losses exceeding 4,200% over the last seven days and over 3,700% in the past month. The prolonged bearish trend is also evident in the year-to-date performance, where PUMP has lost more than 1,700% of its value. The movement suggests a combination of liquidity pressures and a broader lack of market confidence.

Technical indicators have struggled to provide a clear reversal signal amid the persistent downward momentum. Short-term oscillators such as the RSI and MACD have remained in oversold territory, but without a corresponding rebound in price, these signals have failed to confirm a near-term bottom. The 20-day and 50-day moving averages have continued to slope downward, reinforcing the bearish bias and indicating no immediate signs of stabilization.

Backtest Hypothesis

A backtesting strategy was proposed to evaluate potential trading signals based on the technical indicators observed during the decline. The strategy hinges on a combination of moving average crossovers and RSI divergences to identify potential short-term reversals. Specifically, the approach assumes a buy signal when the 20-day moving average crosses above the 50-day moving average and the RSI shows a bullish divergence. Conversely, a sell or short signal is generated when the 20-day moving average crosses below the 50-day line and the RSI indicates bearish divergence. Given PUMP's recent price behavior, the strategy would have triggered no actionable signals during the current downturn due to the continued dominance of bearish trends and lack of divergence.