Is $PUMP .fun activity giving $PUMP another push? ๐
$PUMP just bounced more than 10%, and the move is coming while activity across Pump.fun is picking up again. Trading volume also increased around 8.9% to $179M, showing stronger participation.
What makes this interesting is the rise in network activity. Pump.fun revenue reached around $761K, while active addresses climbed to roughly 86K. If this activity keeps growing, it could continue supporting demand for PUMP.
But now comes the important part.
PUMP is approaching the $0.005 resistance, which has already acted as a local high. A clean breakout and hold above $0.005 could open room for another leg higher.
On the other hand, rejection here after a 10% move could bring some profit-taking.
For now, Iโm watching $0.005 closely. Volume + platform activity are supporting the recovery, but price still needs to prove that buyers can break this level. ๐ฅ๐
#pumpcoin #BullOnTheRun
$PUMP just bounced more than 10%, and the move is coming while activity across Pump.fun is picking up again. Trading volume also increased around 8.9% to $179M, showing stronger participation.
What makes this interesting is the rise in network activity. Pump.fun revenue reached around $761K, while active addresses climbed to roughly 86K. If this activity keeps growing, it could continue supporting demand for PUMP.
But now comes the important part.
PUMP is approaching the $0.005 resistance, which has already acted as a local high. A clean breakout and hold above $0.005 could open room for another leg higher.
On the other hand, rejection here after a 10% move could bring some profit-taking.
For now, Iโm watching $0.005 closely. Volume + platform activity are supporting the recovery, but price still needs to prove that buyers can break this level. ๐ฅ๐
#pumpcoin #BullOnTheRun
