PUMP setup strong, 0.0084 target could fuel 24 percent rally
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Hello
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Let’s analyze Pump .fun’s price action both technically and fundamentally
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Fundamental analysis:
Pump.fun has been buying back PUMP with platform fees, removing ~1.2% supply each month.
Strong deflationary, but depends on revenues holding above $6M/month.
Technical analysis:
PUMP is approaching a key trendline and daily support, with Fibonacci levels holding strong. A sustained bounce could fuel a 24% rally, targeting 0.0084.

Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.
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