Pump.fun (PUMP) has recently caught traders’ attention after showing early signs of a trend reversal across both the 4-hour (4H) and daily timeframes. After months of downside pressure, price action is now stabilizing and pushing above key moving averages, a critical development for memecoin traders hunting early trend shifts.
In this analysis, we break down what the chart is signaling, key support and resistance zones, and whether PUMP could be setting up for a sustained recovery.
4-Hour Chart Analysis: Short-Term Momentum Turning Bullish
On the 4-hour chart, PUMP has transitioned from a prolonged downtrend into a higher-low structure, which is often the first technical sign of a trend change.
Key Observations (4H)
- •Price has reclaimed the 20 EMA, which is now acting as dynamic support.
- •Higher lows are forming, indicating buy pressure is increasing.
- •RSI strategy signals previously flashed oversold conditions, followed by a steady recovery.
- •Momentum candles are expanding upward, suggesting growing confidence from short-term traders.
4H Support & Resistance
- •Immediate Support: 0.00270 – 0.00275
- •Major Support: 0.00240
- •Near-Term Resistance: 0.00310 – 0.00330
If PUMP holds above the 20 EMA on the 4H timeframe, bulls may attempt a push toward the 0.0033 zone, which previously acted as a local rejection area.
Daily Chart Analysis: Base Formation After a Long Downtrend
The daily chart provides a more conservative but encouraging picture. After a sharp decline from the highs, PUMP appears to be forming a rounded base near its macro support.
Key Observations (Daily)
- •Price is curling upward after printing a clear local bottom.
- •The 20 EMA is flattening, signaling selling pressure is weakening.
- •RSI bounced from oversold territory, a pattern often seen before mid-term recoveries.
- •No major rejection wick yet, meaning upside exploration remains valid.
Daily Support & Resistance
- •Macro Support: 0.00200 – 0.00215
- •Daily Resistance: 0.00350
- •Breakout Level: 0.00420
A confirmed daily close above 0.0035 could open the door for a stronger trend continuation toward the 0.004–0.005 range, where previous distribution occurred.
Trend Outlook: Relief Rally or Full Reversal?
At this stage, Pump.fun is in a transition phase. The structure suggests:
- •Short-term bullish momentum
- •Medium-term trend still neutral
- •Long-term trend remains bearish until higher highs are confirmed
For memecoin traders, this is typically the zone where early accumulation begins — but risk management is essential, especially in low-liquidity environments.
Trading Strategy for PUMP (Educational)
Not financial advice — memecoins are highly volatile.
- •Aggressive traders: Look for pullbacks toward the 20 EMA on 4H.
- •Conservative traders: Wait for a daily close above 0.0035.
- •Invalidation: A clean break below 0.0024 weakens the bullish case.
Final Thoughts
Pump.fun (PUMP) is showing early bullish signals after an extended downtrend, with both the 4H and Daily charts hinting at a possible trend shift. While confirmation is still needed, the current structure favors cautious optimism rather than blind speculation.
As always, memecoins move fast and staying ahead means tracking price structure, volume, and sentiment together.