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On the daily chart, the token’s price action has just broken past the 20-period Simple Moving Average (20 SMA). The Bollinger Band’s divergence is wide enough, suggesting that the market still has mor

On the daily chart, the token’s price action has just broken past the 20-period Simple Moving Average (20 SMA). The Bollinger Band’s divergence is wide enough, suggesting that the market still has more volatility for a potential explosive move. But the direction is not clear.

However, with the token Stochastic RSI now dropping below 25, which often points to an oversold market, the current bullish push could be prolonged. At press time the token had recorded a 10% surge and was trading at around $0.001495.

The resistance level at $0.001698 stands as the next target for the market buyer if the current bullish run is sustained.

All in all, Pump.fun is already generating nearly $1 million per day. If that pace continues, buybacks will continue removing supply regardless of short-term market sentiment. When combined with positive technicals, the projected bullish run continuation nears certainty.



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On the daily chart, the token’s price action has j

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