In accordance with CoinEdition, Pump.fun (PUMP) remains under pressure as the downtrend extends into December. The token trades below key EMAs on the 4-hour chart, with sellers maintaining control. Open interest has dropped to $190 million, the lowest since early summer, signaling reduced leverage and risk appetite. Spot outflows since October confirm ongoing selling pressure. Traders are closely watching the $0.00240–$0.00237 support zone, with a break below risking further declines. Resistance levels at $0.00285 and $0.00318 remain key for any potential recovery.
Pump.fun (PUMP) Price Prediction: Downtrend Continues Into December
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