{"id":20383,"date":"2026-01-22T09:19:53","date_gmt":"2026-01-22T09:19:53","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pump-fun-price-charts-a-bearish-wedge-pattern-as-whales-exit-will-it-crash\/"},"modified":"2026-01-22T09:19:58","modified_gmt":"2026-01-22T09:19:58","slug":"pump-fun-price-charts-a-bearish-wedge-pattern-as-whales-exit-will-it-crash","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pump-fun-price-charts-a-bearish-wedge-pattern-as-whales-exit-will-it-crash\/","title":{"rendered":"Pump.fun price charts a bearish wedge pattern as whales exit, will it crash?"},"content":{"rendered":"
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Pump.fun has recently announced a fund designed to finance early-stage projects built openly on its platform. Despite the ecosystem-focused initiative, whale dumping, along with a bearish pattern developing on the daily chart, hints that the token may be looking at more downside in the upcoming sessions.<\/p>\n

According to data from crypto.news, Pump.fun (PUMP) rose 12.5% to an intraday high of $0.0027 on Thursday, Jan. 22, before stabilizing at around $0.0026.\u00a0<\/p>\n

PUMP\u2019s rally followed after the Pump.fun team unveiled Pump Fund, a new investment arm that will finance early-stage projects built openly on its platform. Under the program, 12 selected teams will each receive $250,000 in funding at a fixed $10 million valuation.\u00a0<\/p>\n

This initiative officially kicked off on Monday, Jan. 19, with a 30-day \u201cBuild in Public\u201d hackathon designed to move the ecosystem beyond its reputation as a mere factory for viral memecoins.<\/p>\n

Such ecosystem-oriented developments often stir renewed interest among developers and retail investors by providing actual utility and mentorship, and hence help support prices at least in the long run.<\/p>\n

<\/p>\n

Pump.fun price at risk<\/h1>\n

However, despite the positive news, recent whale activity suggests a different scenario could be at play. Data from Santiment indicates that the number of whales holding between 10,000 and 1 billion PUMP tokens has dropped this week.<\/p>\n

Source: Santiment<\/a><\/figcaption><\/figure>\n

Typically, when whales start to lose interest in a token, it often leads to a significant erosion of buying pressure, which leaves the price vulnerable to retail-driven volatility and downside momentum.<\/p>\n

At the same time, PUMP price action is close to confirming a rising broadening wedge pattern that has been taking shape since late December last year.<\/p>\n

\"Pump.fun
Pump.fun price forms a rising broadening wedge on the daily chart \u2014 Jan. 22 | Source: crypto.news<\/figcaption><\/figure>\n

Such a pattern is formed when an asset\u2019s price makes higher highs and higher lows within two ascending diverging trendlines, signalling increasing volatility and a potential bearish reversal upon a breakdown below the lower support line.\u00a0<\/p>\n

Technical indicators such as the MACD and Chaikin Money Flow index showed signs that bears were starting to gain footing in the market. Notably, the MACD line was approaching a bearish crossover with the signal line, and the CMF is close to falling below the zero line, which indicates that capital is beginning to flow out of the asset.\u00a0<\/p>\n

Based on the bearish pattern and the technical signals, a sustained drop below the 50-day SMA support level at approximately $0.0024 could position the token for more decline.<\/p>\n

A decisive break beneath this level could help bears target the Dec. 24 low of $0.0016, which stands approximately 38% lower than the current price.<\/p>\n

<\/p>\n

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\n Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. <\/p>\n<\/p><\/div>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Pump.fun has recently announced a fund designed to finance early-stage projects built openly on its platform. Despite the ecosystem-focused initiative, whale dumping, along with a bearish pattern developing on the…<\/p>\n","protected":false},"author":1,"featured_media":3111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20383"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20383\/revisions"}],"predecessor-version":[{"id":20384,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20383\/revisions\/20384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3111"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}