$PUMP has just had a TEXT-BOOK golden pocket bounce NYSE:PUMP is the top of my watchlist just based on this perfect GOLDEN POCKET bounce combined with a OBV bullish DIVERGENCE.
On-Balance-Volume (OBV) never even properly corrected while the price was correcting after hitting $0.009 ATH. That's super bullish, actually.
I will be very into looking for a LONG entry from Monday on, we need volumes to stay high-percentage, but this DAILY chart base is picture perfect. 👽💙
PUMPUSDT.3S trade ideas
Pump Token Holds Fibonacci Support, Setting Stage for Wave 3 Pump Token has corrected steeply into the $0.057 level, aligning with both the 0.618 Fibonacci and VWAP support. Holding this region could establish a higher low and trigger a larger wave 3 impulse.
Pump Token’s retracement has brought it into a key technical confluence zone. Price is now testing $0.057, where Fibonacci and VWAP levels converge. This area represents a critical inflection point for the token’s market structure, as maintaining support here could sustain the bullish outlook.
Key Technical Points:
- Support: $0.057 region with Fibonacci 0.618 and VWAP confluence.
- Market Structure: Higher low setup supports larger bullish wave count.
- Potential Impulse: Holding support could trigger a wave 3 continuation.
The correction into $0.057 has allowed Pump Token to reset while maintaining its larger bullish trajectory. Fibonacci and VWAP confluence zones are closely watched by traders, and this alignment adds credibility to the case for a bounce.
Structurally, establishing a higher low at current levels would reinforce the bullish framework. Within Elliott Wave terms, this correction could represent the foundation for a larger wave 3 impulse, typically the most powerful and extended move within the cycle.
Should support fail, bearish risks would increase, and price could enter a deeper corrective phase. However, as long as the 0.618 Fibonacci and VWAP support are defended, the probability of continuation to the upside remains strong.
What to Expect in the Coming Price Action:
If the $0.057 support holds, Pump Token is positioned to begin a wave 3 rally. A failure to defend this zone would weaken the bullish case and extend the corrective period.
Pump Token Correction Likely Wave 2 Before ExpansionPump Token has corrected from its highs, finding support at the daily level. This zone aligns with the golden ratio retracement, suggesting a natural corrective phase within a larger bullish trend.
Key Technical Points
- Daily Support Zone: Aligned with 0.618 Fibonacci retracement.
- Wave Structure: Possible Wave 2 correction before larger Wave 3.
- Higher Low Formation: Current pullback could establish new base.
Analysis
The impulsive rally preceding this correction suggests that Pump Token may be tracing out an Elliott Wave sequence. The current correction is consistent with a Wave 2 retracement, with buyers likely to establish a higher low at support.
This corrective phase is natural and necessary to build a base for the next expansion. Once confirmed, a Wave 3 rally could materialize, often the strongest in Elliott Wave theory. However, more price action is required to solidify a decisive trading plan.
What to Expect
If support holds, Pump Token could soon enter an impulsive Wave 3 rally. Confirmation will require bullish candles and sustained volume inflows.
Pump fun update 3Alert: pump. Fun has reached the levels that were identified as a buy zone in the previous in-depth analysis. As I said before, I expect a fluctuation between $0.007/$0.0065, and then a rise to the following targets.
0.008$
0.01$
0.014$
0.019$
It's may achieve more goals than these, but I will suffice with these targets for now.
Buyback Fuelled Rally | Can PUMP Push Another +20%?Hey everyone, today I want to dive into a project that’s been making a lot of noise — Pump fun and its token PUMP ( BINANCE:PUMPUSDT ). In the past three days, the price has jumped over +40% — is this just hype, or does it have staying power?
Let’s look into what’s driving this surge, where the risks lie, and whether there's still room to ride the wave…
Reasons behind PUMP’s recent +40% rally:
Massive Buybacks : Over $90M worth of PUMP tokens repurchased, reducing circulating supply.
Strong Revenue Growth : Daily platform revenue hit ~$3.1M, driven by rising user activity.
Live Streaming Relaunch : Attracted creators and audiences, competing with Kick & Rumble.
Exchange Listings : Wider market access and stronger liquidity.
Hype & Media Attention : Growing community engagement and whale activity boosted sentiment.
Key Risks to Watch :
Profit-Taking Pressure : Sharp corrections if hype cools down.
High Volatility : As with most memecoins, sudden swings are common.
Regulatory Uncertainty : Potential future restrictions on token-creation platforms.
Competition : Rival platforms could erode Pump fun’s growth momentum.
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Now let's take a look at the PUMP token chart on the 4-hour time frame .
The PUMP token is currently moving inside a descending channel , near a set of Support lines and Potential Reversal Zone(PRZ) .
In terms of classical technical analysis theory, it seems that the PUMP token has the potential to form a Bullish Flag pattern .
In terms of Elliott Wave theory , it seems that the PUMP token is completing microwave 4 of the main wave 5 . The structure of microwave 4 could follow a Double Three Correction(WXY) .
I expect the PUMP token to start rising after entering the Potential Reversal Zone(PRZ) and approaching the Support lines and increase to at least $0.00876(First Target/+20%) .
Second Target: $0.00932
Cumulative Long Liquidation Leverage: $0.00749-$0.00716
Cumulative Short Liquidation Leverage: $0.010-$0.00876
Note: Stop Loss(SL): $0.006770(Worst)
Please respect each other's ideas and express them politely if you agree or disagree.
Pump fun Analyze (PUMPUSDT), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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PUMPUSDT: short setup from daily support at 0.007485Today, BINANCE:PUMPUSDT.P confirmed the 0.007485 level with a precise test, which is clearly visible on the lower timeframes.
Without this confirmation, the level couldn't be considered strong. Now, we have a clear reference point to work from.
Important! The key is how, when, and from where the price approaches this level.
Key factors for this scenario
Price void / low liquidity zone beyond level
Volatility contraction on approach
Immediate retest
Closing near the level
Closing near the bar's extreme
Of course, we must remember that the asset can reverse and move up sharply at any moment. This scenario should not be ruled out.
Pump doubles from here before year endWith a billion $ in annualized revenue, pumpfun in following in the footsteps of hyperliquid as crypto's second killer app with a massive buyback flywheel. As long as daily revenue does not drop off, this narrative should pick up steam over the next few months. If the team executes it will be crypto's first successful social app into the mainsteam, succeeded where so many projects before failed.
$PUMP 4-hr chart. BULLISH PENNANT in Price Discovery.NYSE:PUMP on 4-hour chart has been printing a bullish PENNANT which has a target of $0.012+, so 50% up from here.
Breakout level around $0.0083 - $0.0085 but I will be skipping this long most likelyat least until a retest of this potential move up. Cautious due to market timing but also Elliot's Wave C ongoing pointing to $0.0072 first. 💙👽
Price discovery phase though and massive hype so things can go crazy with only shallow corrections so keeping an eye on that break.
Liquidity games very likely as many peeps have been shorting, so..
It would be foolish to think otherwiseThe word "PUMP" can infer many things , like we gonna pump you up, pump some gas, the crowd was pumping or even I pumped all night long, but when it appears in the shape of the double, bottomed double U and it comes from God, to me it can mean only one thing, up and to the right baby and apart from that , the project is doing some pretty positive things with respect to their website and tokenomics. I understand that unkike "YOUTUBE" they don't censor their creators videos plus they "PUMP" their profits back to their coinholders. So, I think its worth while to reinvest a few of my unearned dollars back to the machine that fed me for a few months . It's also nice to know that they are actually profitable and have put away a shit load of cash into a war chest and plan on doing something with it, rather than just checking out.
I suggest that you check out their site ,its supprisingly busy ! If you know of anything worth knowing about the project, please share.
Thanks
Ward
PUMP Market OverheatsPUMP’s Relative Strength Index (RSI) has surged into overbought territory, currently standing above 80. This elevated reading suggests that bullish momentum may have reached unsustainable levels, raising the risk of a near-term correction.
Traditionally, RSI values above 70 indicate overbought conditions, while those below 30 hint at oversold territory and potential rebounds.
At such a high RSI level, the market is signaling that buying pressure has peaked. This often precedes pullbacks as traders begin locking in profits.
Adding to the cautionary signs, PUMP’s Bollinger Bands have widened significantly since the start of the month. The token is trading close to the upper band, reflecting stretched conditions above its average range.
This setup highlights heightened volatility and strengthens the case for a cooling period ahead.
PUMP SOMETHING LIKE THIS!!PUMP is now in price discovery and that means the only place to look for a long trade to join the PUMP is the previous pivot lows getting swept which will show us a clear defined area to put our stop-loss.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Pump fun update 2After the four targets were achieved and the previous peak was breached, breaching the peak with this force means that the currency will continue to rise, but I think that a small correction will occur before that to the level of $0.0072/$0.0066, which is the same level as the previous peak, and then after that the post-peak targets will be targeted, which are:
0.008$
0.01$
0.014$
0.019$
The $0.019 level is a golden Fibonacci level (03.61) and the target of one of the classic patterns, so I think a strong correction will occur from there.
PUMP NOW THANK ME LATERBeen holding this gem since 0.0028, project has perfect tokenomics with team specialising on draining crypto degen-monkeys, investing profits from pump.fun platform into SPOT token buybacks, no sell-out has been started yet (and it won't be until new ATH).
So I expect at least x2 from current price range in the upcoming weeks with a rapid parabolic-like growth on the daily.
I used basic fibs to mark support/resistance levels, feel free to comment and suggest ideas/takes.
I cannot see a reason to search for any kind of any more advanced patterns because BYBIT:PUMPUSDT is just starting to grow and the trend is mostly towards new price-discovery.
pump.fun has already facilitated over 5.3M token launches since early 2024, generating nearly $800M in revenue and even pulling off a $1.3B ICO in minutes. Current market cap sits above $1.7B with daily volume regularly crossing $200M — massive liquidity for a memecoin-born project. With ~350B tokens circulating (vs. 1T max), the room for valuation expansion is still huge.
So back to 'crypto degen monkeys' - don't become one, chose your exit points cleverly and avoid high margin (I know it might be tempting).