Pumpfun (PUMP) Price Prediction: The narrowing of the Bollinger Bands indicates a fluctuation outbreak, and the RSI is deeply entrenched in the Bear Market zone, fearing a dip to $0.0021.

The meme coin platform token Pumpfun (PUMP) has recently faced large-scale withdrawals from investors, leading its price into a downward channel. On the technical side, there are dual unfavourable signals: the Bollinger Bands are narrowing sharply, indicating that volatility is about to explode, while the candlestick is above the Basis Line, suggesting a higher probability of a fall; the Relative Strength Index (RSI) has been consistently below the neutral line of 50, deeply entrenched in the Bear Market zone, showing that selling pressure completely dominates the market. Currently, PUMP is priced at $0.0027, and if it loses the critical support at $0.0024, it may accelerate the fall towards $0.0021, and investors should be wary of the short-term depth pullback risk.

Technical Analysis Alerts: Volatility Bomb and Bear Market Momentum The PUMP price trend releases a strong bearish signal:

1. Bollinger Band Contraction Warning: The distance between the upper and lower Bollinger Bands is rapidly narrowing, forming a classic "Squeeze" pattern, indicating that price volatility is about to expand significantly. Historical experience shows that this pattern often breaks downward in a downtrend.

2. Candle Position Indicates Risk: Although the current price is above the middle line of the Bollinger Bands (i.e., Basis Line, usually the 20-day moving average), in the overall downward trend, this position is more likely to trigger increased selling pressure rather than a rebound.

   

3. RSI Deeply Entrenched in Bear Market Zone: The RSI indicator has been consistently below the critical watershed of 50, currently in a clearly bearish area. This indicates a lack of buying momentum in the market, with bears fully in control. The weakness of the RSI further reinforces the expectation of a downward breakout after the contraction of the Bollinger Bands.

   

Selling pressure dominates the market, recovery hopes are slim The current market environment is extremely unfavourable for PUMP:

• Deteriorating Investor Sentiment: Reports clearly indicate that a large number of traders are withdrawing funds from the market, leading to a continuous sell-off.
• Lack of Bullish Catalysts: Technical indicators (RSI) and capital flow both show that there is currently no effective bullish momentum to support a price rebound. Market pessimism may self-reinforce, leading to further declines.

PUMP Price Battle: Key Support Level Under Test PUMP is currently priced at $0.0027, at a critical technical level game point:

• Upper Resistance: $0.0029 forms the recent rebound ceiling.

• Support Below: $0.0024 is the current lifeline. If it is effectively broken (especially with the Bollinger Bands opening downwards), the price may quickly fall to $0.0021, with a drop of 22%.

• Reversal Condition: Only if the market unexpectedly turns and PUMP can strongly break through and stay above $0.0029, is there hope to reverse the short-term downtrend and attack $0.0038. However, the current technical and emotional indicators make this scenario highly unlikely.

  

Conclusion: Pumpfun (PUMP) is facing a dual siege from both technical and funding aspects. The "volatility bomb" of the Bollinger Bands presents a much higher risk of downward detonation under the Bear Market RSI conditions than an upward breakout. The support level at $0.0024 has become a dividing line between bulls and bears; if it is lost, it may trigger programmatic selling and panic selling resonance, leading to a rapid price drop to $0.0021. For high-risk tolerant Meme coin traders, it is a more prudent strategy to remain cautious with light positions until the Bollinger Bands complete a directional choice (confirmation of a downward breakout) or the RSI returns above 50. Remember, Meme coins are highly volatile, and strict risk control is crucial.