PUMP breakout: Has the six-month downtrend trend truly ended?
Technical context of PUMP/USDT has reached a critical turning point, signaling potential trend reversal after months of selling pressure. A detailed analysis on the 12-hour time frame shows this asset has successfully broken above the upper boundary of a descending parallel channel that has dominated price action since listing. This structural breakout is a high-confidence indicator that the accumulation phase is yielding to a new expansion cycle.
As of January 15, 2026, the price is consolidating above the breakout level, currently trading around $0.002940. From an analyst's perspective, maintaining this upward momentum would target two key liquidity zones: a primary target at $0.003413 and a stronger secondary target at $0.004849. Although historical volatility demands caution, breaking out of the downtrend channel indicates a significant shift in market sentiment.$PUMP
