The Pump.fun (PUMP) price is beginning to shift out of a prolonged compression phase, marking a change in market behavior after weeks of muted price action.
The recent push higher reflects renewed participation, with price moving away from the lower range that defined most of the previous structure.
This change suggests the market is transitioning from accumulation into early expansion.
What The PUMP Chart Is Showing
The PUMP price moved through prior resistance with follow-through, altering the short-term trend. Crypto PepperP shared that a move toward the 0.0034 region would represent a clean 2x, placing that level firmly on traders’ watchlists.
The PUMP chart shows a clear descending trendline that capped price throughout the downtrend, now decisively broken.
After forming a rounded base near the December lows, PUMP Price printed higher lows and reclaimed a key horizontal zone around 0.0024–0.0026.
However, the area previously acted as resistance has flipped into support. Pump.fun the (PUMP) Price is pressing into a higher supply zone near 0.0032-0.0034, highlighted on the chart as the next major reaction area.
The projected move measured from the base aligns directly with that zone, reinforcing it as a technically valid target rather than a speculative extension.
PUMP Price Testing A Key Resistance Area
This behavior typically reflects digestion rather than rejection, especially when structure remains intact.
Acceptance above the reclaimed range would signal strength, while brief pullbacks that hold above former resistance would still support the bullish thesis.
As long as the Pump.Fun price holds above key levels, it adds another layer to the setup. Current buy pressure remains modest, leaving room for additional inflows estimated between $500K and $800K if prior patterns repeat.
For now, PUMP's potential demand coincides with price testing higher levels, increasing the probability of continuation if liquidity expands.
Volume remains the key variable. Should broader market conditions improve and participation increase, the PUMP price could outperform many short-term setups. Breakouts supported by expanding volume tend to extend further than anticipated.
PUMP is now at a clear decision point. Holding above the breakout zone keeps the 2x scenario active. Failure to do so would likely result in further consolidation. Either way, the chart no longer reflects stagnation; momentum has returned, and structure is finally in motion.