PUMP is currently hovering around the $0.0041 mark.
There’s a bullish attempt to counter a macro downtrend.
As the first week of September closes, Pump.fun (PUMP) is trading at $0.004195. Buyers have stepped in and defended the $0.0040 zone twice, printing a double bottom and showing that the sellers can’t push through that floor with any conviction.
The neckline likely sits at $0.00455. A clean breakout above that level with volume behind it confirms the double bottom and opens the door toward the projected target at around $0.0052, a crucial move from current levels. Until that breakout is confirmed, the bulls are in a waiting game.
In the early hours, the asset traded at a bottom of $0.004096. With a shift in momentum, it tested and broke multiple price ranges and gradually drove the PUMP price to a high level of $0.004405. Besides, the 24-hour volume has potentially reached the $147.17 million zone.
Near-Term Price Levels to Watch for PUMP
With the negativ
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