PUMP Absolutely Delivered After Breakout From Trendline Resistance, Here Are the Next Support and...

PUMP broke above trendline resistance, reaching 0.0075 with strong buying momentum and rising volume.

Technical indicators confirm bullish structure as price holds above 0.0065 with consistent liquidity support.

Pump.fun ecosystem shows growth with $336M TVL and $1.35B derivatives volume, supporting sustained demand.

PUMP recorded a strong technical breakout after surpassing short-term trendline resistance inside a horizontal channel. The asset cleared the mid-range level, reached the 0.0060 channel top, and extended its advance to 0.0075. The move confirmed the bullish outlook, showing strong buying pressure and clean structure maintenance above previous resistance zones.

Price Action and Technical Confirmation

According to Alpha Crypto Signal, “PUMP absolutely delivered after the breakout from the short-term trendline resistance inside the horizontal channel.” The analysis stated that the price action unfolded exactly as expected, validating the bullish outlook. Momentum shifted in favor of buyers once PUMP breached the established structure.

The chart showed a downtrend followed by consolidation between 0.005000 and 0.005800, where volume remained moderate. A breakout occurred near September 29, crossing the descending trendline and initiating a steady upward move. The price reached 0.007000 before encountering mild resistance. The 9-period exponential moving average crossed above the 50-period simple moving average, confirming short-term bullish strength.

Source: Sophia_Crypto(X)

Trading volume rose during the breakout phase, showing strong participation from buyers. Recent candles formed higher lows near 0.006500, maintaining price stability. PUMP traded near 0.006853 with sustained momentum and consistent liquidity across exchanges. According to Sophia_Crypto, “PUMP looks good here. Soon it will go to 0.008,” referring to the visible structure above 0.0065.

Ecosystem Growth and Market Developments

According to DeFiLlama data, PUMP’s total value locked reached $336.41 million in October, showing continuous expansion. The asset recorded an annualized fee value of $1.405 billion and revenue of $664.21 million. Holder revenue stood at $673.35 million, indicating steady user engagement and network participation.

Source: DeFiLlama

Pump.fun, the platform behind PUMP, has facilitated over 13 million token launches on Solana since early 2024. Nearly $500 million in fees have been collected, while trading volumes continue to grow

According to Coinglass data, derivatives trading volume stood at $1.35 billion with active open interest of $814.14 million. As long as PUMP maintains structure above previous resistance levels, short-term dips may provide new continuation opportunities supported by consistent volume and liquidity.

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