$PUMP Technical Analysis
Price Correction & Base Building: After its mid-2025 peak near $0.012, the token experienced a standard post-hype correction of nearly 80%, bottoming out in the $0.0019 range in late December 2025.
January Recovery: The start of 2026 has seen a notable reversal. PUMP broke out of a multi-month descending wedge, rallying roughly 45% from its local lows to the current level of approximately $0.0028
Support & Resistance: * Immediate Resistance: $0.0032 and $0.0045.
Major Support: $0.0021 (200-day EMA) and the psychological floor at $0.0020.
Risk Factors
Speculative Fatigue: If the general interest in Solana memecoins wanes, the platform's revenue—and thus the buyback demand for $PUMP—will drop.
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