🚀 PUMP Breakout Ignites Rally: Will Bulls Propel It to $0.0034?

PUMP shatters resistance as bulls charge—can the momentum hold?

After weeks of consolidation, PUMP's breakout sparks a fierce rally. Traders now eye the $0.0034 target, a level last seen during its March frenzy. But with volatility comes skepticism—after all, what's crypto without a little irrational exuberance?

Key levels to watch: $0.0034 (next resistance) and $0.0028 (support). If volume stays strong, bulls might just defy gravity. For now, buckle up—this ride’s just getting started.

*Cynical finance jab: Meanwhile, traditional investors still think 'stablecoins' refer to their blood pressure.*

• PUMP surged nearly 30% in 24 hours, breaking key resistance at $0.003 after a sharp fall.
• Four wallets shorted $20 million around peak of $0.006, initiating token’s steady mid-July price decline.
• Even after recent 17.61% decline reaching at $0.0025 with $632.5M volume, it indicate high activity in trading.

Pump.fun’s native token, PUMP, surged nearly 30% on July 31, 2025 after crossing an essential short-term resistance of $0.003. The recent jump follows after a highly volatile correction of PUMP that declined abruptly from $0.00689 on 15 July to $0.0023 over a period of ten days.

After the crash, the price consolidated during the course of a week, exhibiting neutral momentum with subdued buyer interest. But on July 31, token broke through the $0.003 barrier, indicating fresh bullish momentum and buyer optimism.

Price reversed quickly after the recent surge, PUMP registered a 17.61% decrease in the past 24 hours and is trading at $0.0025. The market capitalization of the token is roughly $938 million, with an astounding 24-hour trade volume of $632.5 million.

Coordinated Shorts Affected PUMP’s Falling Price

Crypto analyst Copin Analyzer shared that four primary wallets collectively organized an enormous short-selling campaign on July 12-14. These wallets invested close to $20 million in shorting around its local top of $0.006.

The strategic “Perfect” short coincided with the start of token’s steady decline from mid-July. The MOVE highlights strong bearish sentiment by major holders and has played a major role in PUMP’s downward price pressure. The breakout of token above $0.003 indicates buyers are gaining traction after months of frailty. 

The important resistance level had been the primary hurdle in the earlier consolidation. A breakout of of this level is once more instilling hope among traders. Technical chart formations have indicated the transfer of momentum from bearish to bullish, coupled with higher trading volumes and positive sentiment in the marketplace.

PUMP Token Faces Valuation Scrutiny

A recent post by Crypto analyst has ignited discussion around a new ticker token that appears to be launching under unconventional metrics. The tweet questions the accuracy and sustainability of its valuation, starting at a VIRTUAL market cap of $556.46, with 1 billion tokens and an initial price of $0.0571.

A pump tires ticker starts off with a virtual mcap of $556.46, 1b tokens, and $0.0571 starting price. That math doesn't really math but I'm assuming the starting price is based on a rolling calculation using pls price, and users are actually paying a huge premium compared to a…

Critically, he points out that the realistic initial price is nearer to $0.00000027823, considering that there is under $600 of liquidity backing the token at launch. The numbers can change with movement in PLS value, causing volatility and unpredictability in early entry.