🚀 PUMP Meme Coin Primed for 2X Surge After Shattering Price Channel Resistance

Meme coins are flipping the script again—and PUMP just triggered a technical breakout that could send shockwaves through degenerate portfolios.

The Pattern That Screams 'YOLO'

Price channels don't lie. When PUMP breached its upper trendline with volume, it wasn't just another fakeout—it was a textbook signal for continuation. These patterns historically precede 100% runs in shitcoin land (where fundamentals go to die).

Why This Isn't Just Another Doge Knockoff

Most meme coins bleed out after their 15 minutes of fame. But breakouts like this suggest PUMP's community might—against all odds—be building actual momentum. Or it's just another liquidity trap. Crypto never changes.

The Trade Setup

Targets? Double or nothing from the breakout point. Stop loss? Let's be real—if you're trading meme coins, you've already accepted the risk of getting rekt. Just remember: the 'double' promise works both ways during the next crypto winter.

One final thought: if your portfolio needs a meme coin to survive, maybe reconsider your life choices. But hey, degenerates gonna degenerate.

Whale activity is closely watched, as this could be an individual with privileged knowledge that has opened a position to benefit from an upcoming surge. Paired with a big spike in volumes, PUMP could be about to deliver some explosive gains.

Similarly, crypto trader BullChain emphasized that PUMP has been consolidating for many days and has traded in a tight range that clearly indicates accumulation.

buying the $PUMP accumulation range low will be the most obvious trade ever (in hindsight). do you see this now or will you see it later? pic.twitter.com/umOgBAGdYU

— BullChain ᵍᵐ (@BullChain) August 1, 2025

During accumulation phases, deep-pocketed investors tend to scoop up a large volume of tokens after a big decline as they expect a recovery in the NEAR term.

Pump Could Double If It Breaks Above $0.0035

The 4-hour chart shows that PUMP found strong support at $0.0023 and made a double-bottom at that price zone. Since then, the token has been forming an ascending price channel with a moderate slope.

This could indicate that PUMP has entered a phase of accumulation, which is in line with the behavior exhibited by the whale wallet mentioned earlier.

The price channel’s relevance to market participants has been confirmed by multiple touches of the upper trend line primarily., meaning a 100% upside potential in the near term.

The Relative Strength Index (RSI) favors a bullish outlook as it has moved above the 14-day moving average and is already above the mid-line.

It is worth noting that PUMP is currently trading at $0.003675 – just 9% away from the price that investors paid to get their hands on the token during its initial coin offering (ICO).

Selling pressure could be quite high once the token gets to that level, as early buyers could aim to cash out of their investment now that Pump.fun has lost its lead over LetsBonk. Hence, this is a key level to watch if the rally continues in the next few days.

In the meantime, the best meme coins of this cycle could outperform well-established tokens like Solana (SOL) or PUMP. One of the hottest crypto presales in this segment is Maxi Doge (MAXI), a dog-themed token that embraces the hype that bull market cycles tend to bring along.

Maxi Doge (MAXI) Raises Over $700K in Just a Few Days

Maxi Doge (MAXI) is a shiba inu dog who sees leveraged trades as its way out of mom’s basement. The token embodies all of the positive energy that comes in a bull market.

With Bitcoin making new all-time highs every week and ethereum trading above $4,000, MAXI won’t miss the chance to make he most out of this rally.

Through the Maxi Fund, the project will allocate up to 25% of the proceeds raised from the presale of $MAXI to open Leveraged long positions in the best and most promising tokens.

No red candles are allowed, no stop loss needed, a six-pack of Red Bull is the only thing that Maxi Doge needs to stay up and see those green candles fly.

Early buyers who take advantage of MAXI’s discounted presale price will reap the highest returns once this token is listed on exchanges.

To buy $MAXI, simply head to the Maxi Doge website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to invest.

Buy Maxi DOGE Here

The post Best Meme Coin to Buy: PUMP Could Double After Price Channel Breakout appeared first on icobench.com.