Highlights
The PUMP price surged nearly 20% in the past 24 hours, with trading volume climbing to $187.47M after a 123% increase and market cap rising to $197.67M following a 20% gain. These sharp moves reflect renewed market confidence and growing participation in the asset. With technicals and market activity aligning, attention now shifts to whether PUMP can advance toward the $0.01 mark.
The PUMP current trading value sits near $0.00556 after completing a double rounded bottom formation that has been building since mid-August. The token has climbed steadily, breaking past the $0.00499 resistance, which now acts as a new support base.
The next critical test lies at $0.00677, a key resistance zone where PUMP previously faced heavy rejection. A successful close above this level would confirm bullish continuation, opening the pathway to the $0.01 target.
The projected upside from the breakout stands at nearly 80%, with limited resistance zones before the milestone. The DMI also reinforces this setup, with the +DI line holding above the -DI line, reflecting buyer dominance, with a strong ADX indicator.
Any pullbacks toward $0.00499 or $0.00454 would likely be absorbed quickly, reinforcing the bullish bias. Therefore, the Pump price prediction 2025 remains highly optimistic, supported by both technical structure and trend strength.
As recently reported by CoinGape, Pump.fun’s $12.2M buyback buyback removed various tokens in circulation, effectively adding demand pressure above current levels. By limiting available liquidity, this move amplified price responsiveness, increasing the likelihood of stronger price swings.
This continued buyback activity highlights a deliberate strategy to consolidate control and maintain upward pressure on PUMP price.
At the same time, open interest has jumped 21.79% to reach $759.47M, signaling a surge in speculative participation, according to CoinGlass. The rising open interest, combined with these large-scale repurchases, underpins bullish conviction that aligns closely with the technical setup.
With liquidity thinning and speculative demand climbing, the balance of conditions tilts heavily toward sustained growth. Together, these factors create a stronger case for PUMP price advancing toward higher zones, with $0.01 positioned as the clearest objective on the horizon.
Conclusively, PUMP price has the backing of bullish technical patterns, buyback-driven scarcity, and growing open interest. A confirmed breakout above $0.00677 would unlock the next rally phase. With resistance levels thinning out, the $0.01 target is positioned firmly within reach.
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