PUMP token from Pump.fun has fallen sharply from its early October peak near $0.0068, now trading around $0.00430. Trading volume has declined from $840 million in late August to $489.2 million on October 13, while the RSI at 26.09 signals oversold conditions. Daily buybacks of $976,200 removing 0.019% of total supply have proven insufficient to support the price. Critical support at $0.004226 must hold; a breakdown could expose PUMP to further losses toward $0.00380–$0.00400. Recovery depends on sustained volume increase and stronger buying demand to offset selling pressure and limited buyback impact.
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