PUMP IS CLIMBING INSIDE A RISING WEDGE — WILL THE BULLISH MOMENTUM CONTINUE?

PUMP has extended its recovery by forming another rising wedge after a strong impulsive advance. Unlike the previous pattern that resulted in a pullback, the current structure is developing with higher lows and sustained buying pressure, placing price near the upper boundary where the next decisive move is likely.

🛣 Key Price Areas

- Immediate Support: 0.00180
- Major Support: 0.00170
- First Resistance: 0.00220
- Key Resistance: 0.00240

🚀 Expansion Targets

- TP1: 0.00220
- TP2: 0.00240
- TP3: 0.00260

🚨 Risk Boundary

- A sustained 4-hour close below 0.00180 would invalidate the current bullish structure and increase the probability of a deeper correction toward the lower trendline.

📈 Price Dynamics

The 4-hour chart shows PUMP maintaining a sequence of higher highs and higher lows while respecting the boundaries of a rising wedge. Price has recently rebounded from the lower trendline and is once again approaching the upper resistance area around 0.00220. A confirmed breakout above the wedge would strengthen bullish momentum and could trigger an extension toward the next resistance levels, while rejection at resistance may lead to another healthy retest of support.

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$PUMP