Pump.fun (PUMP) is currently in a notable phase following a rebound from a minor corrective move that originated at a significant resistance level. Over the past two days, price has advanced by nearly 30%, indicating renewed buying interest. At present, PUMP is consolidating around a critical area, with near-term direction still being determined. This analysis reviews the current technical structure and outlines conditions under which continuation or further correction could develop.

PUMP technical analysis

PUMPUSD – 1 Day Time Frame

PUMP is once again testing a key level after a brief pullback from major resistance. The recent near-30% advance has brought price back to the area just above $0.003. This zone coincides with the volume point of control of the previous range (vPOCr) at exactly $0.003, which sits within a broader resistance band between $0.0029 and $0.0032. Price is currently holding around this region. A daily candle close above the vPOCr would be a constructive signal, as it would suggest acceptance above this former high-volume area.

The first notable support lies at the lower vPOCr near $0.0025. If price revisits this level, a stronger reaction from buyers could occur, as it represents a key volume-based support. If this area fails to hold, downside extension would become more likely.

Below that, a second and more significant support zone is located between $0.0017 and $0.0019, which also includes a vPOCr at approximately $0.0019. A move into this lower zone would imply a meaningful disruption of the current market structure, potentially requiring a longer consolidation period before upside momentum could rebuild.

PUMP price target

If PUMP is able to sustain momentum and achieve a daily close above the $0.003 vPOCr, the next area of interest would be the resistance zone between $0.0035 and $0.0037. This region also contains a vPOCr near $0.0036, increasing its technical relevance.

Should price later establish acceptance above this zone, attention would shift to the next vPOCr around $0.0042. Beyond that, another resistance band is located between $0.0044 and $0.0047, overlapping with a vPOCr near $0.0045.

Overall, PUMP is positioned at a technically sensitive point. Reactions around the identified levels are likely to determine whether the token can sustain its current pace or whether a deeper retracement is needed to rebuild market strength.