PumpFun rebounded to its $0.0044 Fibonacci 78.6% retracement level on September 25, which is a historically strong support level. Indicators show:
Although this indicates a resurgence of buying interest, the resistance at $0.0056 (23.6% Fibonacci level) remains an obstacle. About 12% of addresses entered here, indicating potential profit-taking. Key focus: a breakthrough at $0.0056 could lead to $0.0067, while failure may retest $0.0044.
The trading activity of PUMP has increased sharply:
This rebound indicates that whales and momentum traders are re-entering the market, possibly preparing for another round of meme coin rotation.
Recently, the altcoin season index has risen to 66 (+15% monthly), indicating that funds are flowing from Bitcoin to higher-risk assets. In particular, Solana-based tokens like PUMP tend to thrive during such rotations. However, the competition is fierce. Competing projects like LetsBonk.fun dominate the launch activities, which means PUMP needs continuous community support to stand out.
If PUMP stays above its 7-day EMA ($0.0055), a short-term rebound towards $0.007–$0.01 AUD looks realistic. A sustained bullish cycle could even see PUMP retesting its September highs and higher. In a broader meme coin market rebound, targets towards AUD $0.02–$0.03 remain possible.
Despite a 35% drop over the past week, PumpFun still shows signs of recovery, with a technical rebound, strong inflow liquidity, and rising momentum in the meme space. At a price of AUD $0.008630, it represents both risk and opportunity. For those who thrive in volatility, if the meme wave continues, PUMP could deliver excess returns.
PumpFun is not just another meme coin—it is part of a broader industry rotation of high-risk, high-reward tokens. With a strong community, solid liquidity, and a bullish meme coin sentiment, PUMP could surprise investors in the coming weeks. Whether you are trading for short-term profits or betting on the next breakout, Gate.com provides the ideal platform to capture the PumpFun movements.
What is the current price of PumpFun in Australian dollars?
The PUMP trading price is AUD $0.008630.
Can PUMP rebound after the recent decline?
Yes, if the resistance level of $0.0056 is broken, the target could possibly reach $0.007–$0.01.
What drives the price of PUMP?
The surge in liquidity, the rotation of expression coins, and the enthusiasm of the community are the main driving factors.
Is PumpFun a safe investment?
Its volatility is high, but traders can manage risk through diversification.
Where can I trade PUMP?
On Gate.com, traders can access PUMP and hundreds of other popular assets.