The Pump.fun (PUMP) token has fallen 7% over the past day, dropping to $0.0052 and reaching its lowest levels in the last two weeks. Pressure from the broader market prevents the asset from consolidating above key levels and restrains buyers’ attempts to regain the initiative.
Weak technical signals
The Relative Strength Index (RSI) dropped to 44.79, breaking through the neutral mark of 50. This confirms the strengthening of bearish sentiment and limits the likelihood of a quick rebound. If the negative background persists, the token may continue to experience pressure unless external growth drivers emerge.
The technical picture indicates the formation of a range between $0.0047 (support) and $0.0056 (resistance). As long as the bearish momentum continues, this corridor may become the main scenario for the upcoming trading sessions.
Network activity maintains interest
Despite weak price dynamics, the Pump.fun network continues to show stability. The number of active addresses increased significantly at the beginning of the month and has since remained at a relatively high level. Importantly, the influx of new participants has slowed, but there is no outflow from the network.
This resilience shows that users continue to participate in the ecosystem, creating a foundation for long-term price support. With stable network interest, even a negative technical background may prove temporary.
Key levels for recovery
<img loading="lazy" decoding="async" class="aligncenter size-full wp-image-142055" title="photo_2025-09-26_22-47-38" src="https://coinspot.io/wp-content/uploads/2025/09/photo_2025-09-26_22-47-38.jpg" alt="Currently, PUMP is holding just above the critical zone at $0.0047. To confirm strength, bulls need to consolidate above $0.0056." width="1280" height="595" srcset="https://coinspot.io/wp-content/uploads/2025/09/photo_2025-09-26_22-47-38.jpg 1280w, https://coinspot.io/wp-content/uploads/2025/09/photo_2025-09-26_22-47-38-360×167.jpg 360w, https://coinspot.io/wp-content/uploads/2025/09/photo_2025-09-26_22-47-38-400×186.jpg 400w, https://coinspot.io/wp-content/uploads/2025/09/photo_2025-09-26_22-47-38-768×357.jpg 768w" sizes="(max-width: 1280px) 100vw, 1280px" / alt="Currently, PUMP is holding just above the critical zone at 
.0047. To confirm strength, bulls need to consolidate above .0056.” title=”photo_2025-09-26_22-47-38″>
Currently, PUMP is holding just above the critical zone at $0.0047. To confirm strength, bulls need to consolidate above $0.0056. If successful, there will be a chance to test the $0.0062 level, which could cancel the short-term bearish scenario and restore confidence among token holders.
However, if support at $0.0047 is broken, the risks of a deeper decline will sharply increase, and investors’ attention will shift to lower levels.
What next?
The situation around PUMP remains ambiguous: technical indicators point to weakness, but network participant activity indicates a solid base for recovery. Consolidation in the coming days looks like the most likely scenario, but a breakout above $0.0056 could be a signal for a new growth impulse.
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