PUMP came under heavy selling pressure after a weak jobs report hit the broader crypto market, rejecting at $0.0061 before falling to $0.0054 at press time and reaching a reported low of $0.00509, a 9% decline. Trading volume rose 55% to $605 million, while more than $8.3 million in PUMP long positions were liquidated, compared with $0.7 million in shorts. Futures recorded $385 million in outflows against $374 million in inflows, pushing netflow down 237% to negative $10.7 million. Spot demand provided a counterpoint: buy volume exceeded sell volume for three consecutive days, including 25.5 billion versus 24.6 billion on October 2. PUMP’s market structure remained bullish, with higher lows, rising support, an upward-moving MACD (momentum indicator), and an RSI (relative strength gauge) near 62. Sustained spot buying could help PUMP reclaim $0.006, while continued derivatives selling could push it below $0.005 toward $0.0046.