STONK rallies as whale buys $4.4 million near $0.30 resistance

  • A large holder bought 15.06 million STONK after its recent price advance.
  • $4.4 million in USDC funded purchases averaging roughly $0.295 per STONK.
  • StonkFun generated $1.84 million daily revenue versus Pump.fun's $1.22 million.

STONK's recent rally drew renewed support after a large holder used $4.4 million in USDC to buy 15.06 million tokens at an average price of roughly $0.295, near the $0.30 resistance zone. The purchase followed a substantial price advance rather than preceding it, placing the whale's exposure close to the market's immediate resistance. StonkFun also generated around $1.84 million in daily revenue during the observed period, exceeding Pump.fun's $1.22 million despite STONK having a smaller market valuation than PUMP. The comparison strengthened the valuation argument, although one day's revenue did not establish whether StonkFun could sustain the lead. Derivatives sentiment improved as STONK's OI-weighted funding rate recovered to around 0.0099% after previously falling to about -0.06%, indicating renewed long positioning but still-unstable conviction. On the 4-hour chart, STONK remained inside a rising channel after its rapid September rally, trading around $0.274 between $0.25 support and $0.30 resistance. MACD weakened to 0.028481 below its 0.033200 signal line, with a -0.004719 histogram, while RSI cooled to 55.45 from an earlier overbought zone and remained below its 61.49 average signal. Holding $0.25 would preserve the rising structure and support another test of $0.30; a breakout could expose $0.35, while a loss of support could shift attention to $0.20.

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STONK rallies as whale buys $4.4 million near $0.30 resistance - CoinPost Terminal