Pump.fun Faces Extended Decline
Pump.fun (PUMP) lost 2% on Friday, marking six days of losses. The Solana-based token is nearing the $0.001800 level. Bears are watching the October 10 low of $0.001496 closely. If PUMP falls below this support, the price could drop further to $0.001000.
Technical indicators show strong bearish pressure. The Relative Strength Index (RSI) is at 26, which is below the oversold threshold. The Moving Average Convergence Divergence (MACD) slipped into negative territory after crossing the signal line on Monday.
On the upside, resistance lies near $0.002000 and the November 21 low of $0.002492.
Pudgy Penguins Sinks Below Key Level
Pudgy Penguins (PENGU) fell 17% this week and trades under the $0.001000 psychological mark. On Friday, the token dropped nearly 2%, heading toward the June 22 low of $0.007737. If this support breaks, PENGU may fall to the October 10 low at $0.005778.
The RSI is 31 and trending down toward oversold levels. The MACD shows a sell signal after a bearish crossover on Thursday. To stop the decline, PENGU must rise above $0.001000.
Hyperliquid Stays Above $22 Amid Selling Pressure
Hyperliquid (HYPE) remained just above $22 on Friday after dropping 8% the previous day. This was its fifth straight day of losses. If HYPE falls below the October 10 low of $22.82, its next target could be $17.05, the February 17 low.
The RSI is very low at 25, signaling oversold conditions. However, it would need to drop near 20 to hint at a potential reversal. The MACD lines continue downward, indicating growing bearish momentum.
Resistance on any bounce could appear near the November 22 low at $29.37.
