Pump.fun (PUMP) has been cooling off during the past 3 days, yet the broader structure on the chart suggests the story may not be finished. Price action shows that PUMP had already recorded more than an 80% rise before the recent pullback, which makes the current pause look more like a breather than a breakdown. That slow but upward move that began toward the end of December is still visible when the chart is viewed as a whole.
Early price behavior matters here. PUMP spent weeks drifting lower before finding a base near the $0.0020 area. From that zone, price began forming higher lows, followed by a gradual push upward. The recent decline has not erased that structure, which is why this cooling phase is drawing attention rather than concern.
Pump.fun Price Analysis Shows A Shift After Long Term Downtrend Break
A closer look at the daily chart highlights a major technical shift. Pump.fun price recently moved above a long-term descending trendline that had capped upside attempts for months. That break often changes how a market behaves, since former resistance can start acting as support.
According to Crypto Patel, this break places PUMP inside what he describes as a bullish expansion zone. His analysis points to a completed distribution and correction phase, followed by early reversal signals. That interpretation lines up with the chart, where price stopped making lower lows and began stabilizing above the $0.0020 level.
@CryptoPatel / X
The attached chart also shows a descending wedge structure that resolved to the upside. That pattern often appears near the end of corrective phases, especially when volume starts to improve and downside momentum fades.
PUMP Price Holds Key Demand Zone That Supports Bullish Structure
One of the most important areas on the chart sits between $0.0020 and $0.0022. That zone has acted as a strong demand region, with multiple tests that failed to push price decisively lower. Each successful hold adds weight to the idea of accumulation rather than distribution.
Crypto Patel emphasizes that PUMP price remaining above $0.0020 keeps the bullish bias intact. The chart supports this view, since price has reclaimed support levels that previously acted as resistance. Those reclaims often signal that buyers are willing to step in earlier than before.
Why Bittensor (TAO) Could Be One of the Most Important AI Cryptos Ever Built_**
When projecting forward, the chart highlights several technical levels that stand out. Crypto Patel outlines upside zones around $0.00872, $0.015, and $0.026. From current levels, those targets imply a potential 500% to 1000% move if momentum continues building.
That potential does not come without risk, which is why the invalidation point matters. A daily close below $0.0020 would weaken the bullish structure and challenge the current PUMP price prediction. Until that happens, the chart continues to favor higher levels over time.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TAO Plummets 25% as Bittensor Co-Founder Accused of Using Token Sales to Coerce Compliance
Bittensor's TAO token dropped 25% due to allegations of centralized control by co-founder Jacob Steeves, resulting in $650 million market cap loss and $9.1 million liquidations. The controversy raises concerns about the project's governance.
Coinpedia1h ago
Market panic too extreme? MicroStrategy founder: Bitcoin has already hit bottom, quantum threats are overblown fears
Michael Saylor asserts that Bitcoin has already completed a bottoming process at $60k, and he believes concerns about threats from quantum computers are exaggerated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and he mentioned that there is limited selling pressure in the market, which could help drive a new bull cycle. Mizuho also has a positive assessment of his company’s future performance.
CryptoCity2h ago
ILV Skyrockets 34% — What’s Fueling This Surge?
Illuvium's ILV price surged to $5.6, marking a 33.97% increase in just one hour, with a 24-hour trading volume of $1.88 million. This spike reflects heightened market activity and interest, driven by increasing user engagement and positive sentiment in the broader cryptocurrency market. Traders are monitoring key support and resistance levels for future price direction.
Coinfomania2h ago
Grayscale Says Aave Could Become Household Name
Grayscale says Aave could become mainstream, highlighting its decentralized lending model without intermediaries.
Bank of Canada finds Aave has lower margins due to reduced costs but flags risks from leveraged trading.
Governance issues and liquidations persist, though upgrades and ETF
CryptoFrontNews3h ago
Bitcoin Posts Its Strongest Weekly Gain Since October 2025: CPI Cooldown and US-Iran Ceasefire Provide a Double Boost, Lifting the Price to $73K
Bitcoin’s weekly gain this week reached nearly 7%, marking the strongest single-week performance since October 2025, as the U.S. core CPI data came in below expectations and a ceasefire agreement between Iran and Israel boosted market sentiment. The price briefly broke through $73,000. Market expectations have intensified that the Federal Reserve may start cutting rates sooner, and technical indicators show volatility compression, suggesting that significant price swings may be ahead. In the short term, attention should be paid to the ceasefire negotiations and the Federal Reserve’s policy direction.
ChainNewsAbmedia5h ago
Market overreacting in panic? MicroStrategy founder: Bitcoin has already bottomed out, quantum threats are overblown concern
Michael Saylor claims Bitcoin already completed its bottoming process when it reached $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that in the future, Bitcoin will become the core of the digital credit system, and he also notes that there is limited selling pressure in the market, which could help drive a new bull run. Mizuho, meanwhile, has a positive assessment of the company’s future performance.
CryptoCity5h ago
