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Analyst Says Pump.fun (PUMP) Could Rally Soon – Here’s What the Charts Reveal
PUMP price is holding near $0.005871 as traders watch fresh signals on both the PUMP chart and on-chain data
Market analyst CryptoZee shared on X(Formerly Twitter) that “the rally for $PUMP is building,” noting a strong bounce off key support and pointing to a possible run toward $0.0090
Adding to the momentum story, SMI Official said the average daily token creator count jumped 115% in September, a sign of rising retail activity on the platform.
PUMP Price Action and Strong Support
The PUMP chart shows a sharp climb from about $0.0047 to the mid-$0.008 range before PUMP pulled back in a steady staircase pattern
From September 18 to 22, PUMP price eased lower with a series of lower highs and lows until it tapped a key demand zone and bounced.
That bounce came from a green support band around $0.0056–$0.0062, the same area where the last breakout began. Price dipped under the lower edge but quickly snapped back inside, leaving a long lower wick and finishing a candle near $0.0060. This action points to buyers stepping in at the zone.
PUMP Price Resistance and Next Targets
Traders are eyeing several resistance spots. The first is $0.0063-$0.0065, followed by $0.0068-$0.0070. If PUMP clears those levels, checkpoints are at $0.0074, $0.0078-$0.0080, and $0.0084-$0.0086, with $0.0090 being the stretch target as noted in CryptoZee’s tweet.
Source: X/CryptoZee
To keep bulls in control, PUMP price needs to hold above $0.0059-$0.0060 and close above $0.0068-$0.0070 on good volume. Several closes below $0.0056 would invalidate the setup and might lead to a fall towards $0.0052–$0.0050.
On-Chain Growth Driving Interest
SMI data shows daily creator fees on pump.fun jumped from under $1 million in August to between $2 million and $4 million in September
Unique creator wallets climbed toward 20,000, helped by events like Project Ascend’s launch on September 2 and the Bagwork viral wave on September 14.
Source: X/SMIOfficial
This rise in creator activity lines up with PUMP price action, indicating that fresh participation and liquidity are supporting the token’s current rally setup.
Read Also: Here’s What 2,000 Pump.Fun (PUMP) Tokens Could Be Worth by 2026
Outlook for PUMP Price
The combination of a clean bounce from strong support and a sharp increase in creator activity provides a constructive backdrop for PUMP
If PUMP price continues to build higher lows and reclaims resistance levels above $0.0068, the path toward $0.0090 remains open
Sustained growth in daily creators and fees may keep demand steady, while a break below $0.0056 would challenge the bullish scenario and invite deeper tests of lower price zones.
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The post Analyst Says Pump.fun (PUMP) Could Rally Soon – Here’s What the Charts Reveal appeared first on CaptainAltcoin.