January 22 News, Pump.fun (PUMP) has once again triggered market caution after a short-term rebound. Although the project team recently announced the launch of Pump Fund to provide funding support for early open-source projects on the platform, on-chain data and technical charts reveal clear risk signals, and PUMP’s price trend is facing potential correction pressure.
According to public data, PUMP once rose about 12.5% on the day, reaching a high of $0.0027, then fell back to around $0.0026, with an intraday increase of approximately 6.2%. This surge is closely related to Pump.fun’s new fund plan. Pump Fund will provide $250,000 to each of the 12 selected teams, with a fixed valuation of $10 million, and will host a 30-day “Build in Public” hackathon, aiming to help Pump.fun shed its “Meme coin factory” label and transition into a real application ecosystem.
However, changes in funding sentiment are not optimistic. Santiment shows that the number of whale addresses holding between 10,000 and 1 billion PUMP has continued to decline this week, indicating that some large holders are reducing their positions or exiting. Historical experience suggests that when whale interest wanes, buying pressure often weakens, making prices more susceptible to emotional selling.
From a technical perspective, the daily chart of PUMP has formed an ascending wedge since late December 2025, which is a typical bearish pattern. Once the price breaks below the lower trendline, it often triggers a faster correction. Meanwhile, the MACD is approaching a death cross, and the Chaikin Money Flow index is nearing below zero, indicating capital is flowing out of this token.
The current key support level is near the 50-day moving average, approximately at $0.0024. If this level is broken, the next technical target points to the December 24 low of $0.0016, representing a decline of about 38% from the current price. While Pump Fund offers long-term growth potential, the short-term price risk for PUMP is significantly increasing, and the market may face a more intense directional decision.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Expert Claims Altcoin Metrics Are Being 'Gamed' to Mislead Investors
Crypto researcher Orbion raises concerns over the possible manipulation of key market indicators, including the Altseason Index and Crypto Fear and Greed Index, suggesting that inflated metrics create false optimism and mislead investors about the onset of altcoin season.
Coinpedia18m ago
XRP Holds $1.34 Support as $1.80–$2.00 Becomes 2025 Make-or-Break Zone
XRP is trading at $1.37 and its trading higher than the support of $1.34 but facing a heavy resistance at $1.38.
The critical structural pivot zone of $1.80-2.00 is the critical 2025 structural pivot.
March structure has the targets of $2.78 and 3.60, with anticipated
CryptoNewsLand21m ago
XRP Slides to $1.42 After Losing $1.80–$2 Neckline as $1.39 Support Faces Immediate Test
XRP dropped to less than the $1.80-2 neckline and a key support area became an overhead and the overall trend was altered.
The current short-term trading corridor is between the support and resistance of the asset which is between $1.39 and $1.47 respectively.
A price above $1.39 will
CryptoNewsLand27m ago
Dogecoin Prints Monthly Morning Doji Star — Will $0.097 Break Next?
Dogecoin is forming a "Morning Doji Star" pattern on the monthly chart around $0.09, indicating a potential bullish reversal despite a recent 1.9% daily decline. Key support is at $0.09036 and resistance at $0.09707, with current trading at $0.09010.
CryptoNewsLand30m ago
Solana at $84: Two Liquidity Clusters Might Decide Next Move - U.Today
Solana's payments volume surges 755%, but its price drops 1.40% amid profit-taking and a stronger dollar. Market sentiment remains cautious, with two liquidity clusters forming at $95 and $78-$85, indicating potential future volatility.
UToday1h ago
PEPE Price Coils Within $0.053385–$0.053517 Band as Momentum Stays Balanced
PEPE is trading within a tight range, with support at $0.053385 and resistance at $0.053517. The token shows minimal daily gains and balanced momentum indicators, indicating potential for volatility. Despite limited movement against USDT, PEPE appreciates against BTC and ETH.
CryptoNewsLand1h ago
