PUMP -12.92% in 24 Hours Amid Sharp Volatility

On OCT 7 2025, PUMP dropped by 12.92% within 24 hours to reach $0.006204, marking a sharp correction in its price. Over the past week, the token experienced an even more pronounced decline, falling 1288.55%. However, the longer-term perspective remains mixed, with PUMP rising 398.39% over the last month and surging by an impressive 3740.56% year-to-date. The recent selloff has raised concerns among investors, particularly given the token’s high volatility and exposure to market sentiment.

Technical analysts have observed a breakdown in key support levels following the 24-hour drop, with PUMP falling below the 20-day moving average. The Relative Strength Index (RSI) has entered oversold territory at 28, suggesting potential for a short-term bounce. However, the MACD indicator shows bearish divergence, with the line crossing below the signal line and showing no sign of reversal. These mixed signals indicate a market in flux, with bulls and bears currently in a standoff.

The broader market context remains a key factor influencing PUMP’s performance. While the token has outperformed many other altcoins over the past year, the recent sharp correction highlights its vulnerability to macroeconomic headwinds and shifting risk appetite. Analysts project that PUMP may continue to face downward pressure in the near term unless it can reestablish support above $0.007.