PUMP Primed for 15% Surge as Relentless Buyers Defy Market Gravity

PUMP isn't just living up to its name—it's rewriting the playbook. While traditional assets cling to predictable patterns, this crypto contender scoffs at resistance levels like a Wall Street trader ignoring stop-loss orders.

The Unstoppable Ascent

Another 15% rally looms on the charts as buy orders pile up faster than empty promises at a blockchain conference. The token's trajectory mirrors the irrational exuberance of 2021—except this time, the buyers actually seem to have capital.

Market Mechanics Defied

Standard technical analysis tools short-circuit when applied to PUMP's price action. The usual profit-taking pauses? Absent. The textbook retracements? Nowhere to be found. It's as if the token discovered some hidden cheat code in the crypto matrix.

As the FOMO crowd piles in, PUMP demonstrates that in today's market, fundamentals are just decorative NFTs for your whitepaper. The only metric that matters? How many speculators you can cram into the rocket before liftoff.

Influencer Buying and Whale Activity Signal Confidence

While price has been consolidating just below the $0.0035 level, top addresses and public figures aren’t letting up. According to Nansen data, the top 100 addresses now hold 948.08 billion tokens, reflecting a 0.28% increase in the past 24 hours. Public figure wallets, often linked to influencers and known crypto traders, have also jumped 12.38%, holding 601.56 million PUMP.

What’s more important is that whales have been quietly accumulating throughout the week. Over the past 7 days, whale holdings have grown by 25.24%. This isn’t a signal of exhaustion; it’s a sign of conviction.

These large players are buying into strength, suggesting that they see room for further upside.

Backing this view is the derivatives market. The long/short ratio has flipped decisively bullish over the last few days, holding above 1.05.

That means more traders are entering long positions than shorts, and this rising leverage bias is aligning with the smart money activity on-chain.

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Liquidation Map Reveals Where Shorts Could Get Crushed

The liquidation map from Hyperliquid supports the same bullish outlook. At the current price of $0.0034, PUMP is inching closer to a dense cluster of short positions.

The largest pileup of short liquidations begins at $0.0035 and intensifies around the $0.0035 to $0.0039 range. These price levels coincide with where short sellers start to get wiped out.

Although total short open interest sits at $1.92 billion, long positions are currently at $5.48 billion, almost three times the size. While fewer shorts exist, the sheer size of their exposure makes them vulnerable. If PUMP pushes above $0.0035, it could trigger a liquidation chain reaction, forcing shorts to exit and driving the price higher in the process.

These liquidation thresholds are more than just numbers; they’re pressure points. And they align almost perfectly with the price action pattern forming on the chart.

PUMP Price Eyes Breakout From Ascending Triangle Pattern

The PUMP price is trading inside an ascending triangle pattern on the 2-hour chart. This setup typically resolves with a breakout to the upside, especially when backed by higher lows and accumulation, which is what we’re seeing now.

Note: Two downside moves pierced the lower trendline, but both were wick-only breakdowns and not full-body candle closes. According to standard technical analysis principles, a valid triangle breakdown typically requires a decisive full-body candle close below the trendline with confirmation volume. Since that hasn’t occurred, the ascending triangle pattern remains valid.

The key resistance to break lies around $0.0035, where the previous breakout was attempted. This price also overlaps with the liquidation cluster we just discussed, creating a dual trigger point for momentum.

If this level breaks, the next immediate resistance is $0.0038, followed by $0.0040. The former WOULD mark a 15% gain from the current price of $0.0034. That level also coincides with a key Fibonacci extension zone and psychological round number that often acts as Magnet Resistance. If momentum continues beyond $0.0040, the next target lies near $0.0046, representing a 35% rally from today’s levels.

But traders must also keep an eye on invalidation. If PUMP fails to hold the ascending trendline support around $0.0033 and breaks, it would invalidate the current bullish structure. That could open the door to a deeper pullback toward $0.0030 or even lower.