Key Takeaways 🚨
PUMP is out here flexing bullish vibes on multiple timeframes, but let’s not pretend it’s immune to a lil’ dip to $0.0036. Bitcoin’s #maincharacterenergy might just give Pump.fun bulls the boost they need to make it rain. 🌧️
Pump.fun [PUMP] has been on a 59.6% tear over the last ten days. That’s more gains than Taylor Swift at a breakup party. 🎉
It hit a low of $0.0023 back on July 25th, and then, like a clingy ex, defended that level like it was its proudest life achievement. The PUMP bulls managed to push it back up to $0.00262 by August 26th. Go team! 🐂
From there, these bulls were basically like, “We got this!” and started flirting with a bullish market structure on the 1-day chart. 🌈
And yeah, it’s looking like PUMP might just test that $0.005 psychological resistance in September. Let’s see if it can handle the pressure. 💼
On the 1-day chart, PUMP will officially be in a bullish market structure if it closes the day above $0.00417. As of now, the session’s still going, so stay tuned, folks. 🕰️
The technical indicators are throwing up all the green flags 🟢: RSI is above 60 (bullish momentum alert 🚨), and OBV just hit a new high, signaling buyers are getting serious. 💪
The Fibonacci retracement levels? They’re like, “Hey, the 50% level is at $0.00459.” Which, spoiler alert, is just below the $0.00469 resistance from mid-July. Coincidence? Probably not. 🧐
So yeah, these two resistance levels could totally cockblock PUMP bulls in the near future. 🙅♂️
Why Pump.fun bulls might need a breather 🛑
The 1-month liquidation heatmap revealed that the $0.00418 area is like the Times Square of liquidity-dense and magnetic. It’s already been swept recently, so don’t be shocked if PUMP does a quick U-turn. 🔄
But hey, this reversal might just be a quick pitstop. Let’s zoom in on the liquidity built up over the last few days and see where PUMP might head next. 🧐
The 3-day liquidation heatmap says the $0.0039 and $0.0036 levels are the next stop on this short-term price rollercoaster. 🎢 The liquidity at $0.0042 has been swept, but now there’s a fresh pocket at $0.00438. 🛒
Disclaimer: Don’t just short PUMP like it’s a bad haircut. Instead, a dip to $0.0036 could be your golden ticket to buy low and aim for that $0.0046 resistance. 🎟️
And if this uptrend lasts, and Bitcoin [BTC] claws its way back above $112k, PUMP might just get its chance to shine and push toward $0.005 in September. 🌟
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2025-09-05 04:11