Pump.Fun price has been quietly grinding higher after last week’s dip, and traders are paying attention again. The price is trading around $0.004814 at writing, and the chart structure shows a steady recovery forming on the lower timeframes.
After spending most of October drifting sideways, PUMP finally started to pick up momentum as volume returned to the order books.
There’s been some interesting movement on the fundamentals too. A whale recently withdrew 1.29 billion PUMP from Binance, bringing total holdings to 3.3 billion over the past two weeks.
On top of that, Pump.fun’s buyback program has now crossed $150 million, meaning almost 10% of supply has quietly been removed. The Padre acquisition also made waves, as the platform absorbed the trading terminal and announced a compensation snapshot for PADRE holders.
Finally, the PUMP price is also testing the resistance level around $0.0052, and if that level reverses, the chart formation is open to the $0.0060 to $0.0075 region based on order book liquidity. It’s a nervous moment, but one that could propel short-term volatility.
What you'll learn 👉
What the PUMP Chart Is Showing
On the 4H chart, Pump.Fun price is pushing into a clear resistance zone after a clean bounce from the lower channel boundary around $0.0041.The candles are slowly starting to close higher, which shows buyers are stepping back in after weeks of exhaustion.
The downtrend that held price in check until mid-October finally weakened and current price action is showing sellers are struggling to push it lower.
The last leg down created a long wick, which often signals capitulation from short sellers. Since then, PUMP price has reclaimed the mid-range, and that usually acts as a staging area before another attempt higher. As long as price keeps printing higher lows, this setup remains intact.
Market Indicators
RSI is sitting in the mid-50s, which is neutral but trending upward. That’s exactly where momentum wants to be before a breakout because it gives buyers room to run.
Open interest has been creeping up, showing that traders are positioning again, but it isn’t overheated. Net shorts are slowly thinning out, and net longs are building just enough to show confidence without turning into crowded leverage.
The MACD histogram has started flipping green, and both lines are curling higher. That usually happens early in a trend shift before price makes its larger move. When momentum, volume, and structure align like this, the probability of upside tends to increase.
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PUMP Price Short-Term Outlook for Q4
If PUMP can close above $0.0052 with conviction, the next leg could develop much faster than many expect. Thin liquidity above this level means it doesn’t take much to push price into the next pocket near $0.0060, and once traders see velocity, speculative volume tends to follow. The $0.0075 region becomes the next major interest point if momentum accelerates.
On the flip side, if buyers fail to hold this breakout attempt, watch the $0.0041 support area. That zone has already proven itself twice. Losing it would slow down the bullish structure and could kick off another round of consolidation.
The mood is more bullish today, though. Buybacks are pulling the supply down, whales are accumulating, and the atmosphere keeps building. Combined with healthier indicators and a more confident 4H structure, PUMP price looks better positioned heading into November than it has at any point in the past three weeks.
As always in this market, momentum can shift fast, but for the moment, the price action is leaning upward, and traders will be watching closely to see if PUMP can finally clear that ceiling.
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