Pump.fun (PUMP) Faces Further Downside as Head and Shoulders Pattern Confirms Bearish Shift

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Pump.fun (PUMP) is deep in a bearish trend, down over 57% in two months. A head and shoulders pattern on the daily chart confirmed the breakdown below $0.0035, pushing the fear and greed index further into fear territory. Sellers control the action, with price now targeting $0.00085. Bullish momentum has faded, and the bearish trend remains intact.
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