Pump.fun: Team Sends 77,706 SOL to Kraken

Pump.fun team fee wallet transferred 77,706 SOL ($7.88 million) to Kraken four hours ago, adding potential sell pressure amid ongoing SOL price prediction debates.

Price sits at $102.07 inside Bollinger Bands with upper resistance at $103.69. The 4h structure shows bearish trend as price hugs EMA50 at $102.08 while EMA200 support rests at $94.02. MACD golden cross at -0.22 hints at building momentum yet RSI at 51.4 stays neutral, suggesting any push above upper band could stall before testing lower support at $98.67. Traders watching Bitcoin correlation for broader crypto market crash signals should note this confluence points to limited upside until volume confirms direction.