Date: Sat, Sept 27, 2025 | 06:50 AM GMT
The cryptocurrency market is showing signs of stabilizing after a week of steep declines. Ethereum (ETH), which had tumbled by over 10% in the last 7 days, marking a low of $3,829, has rebounded above the $4,000 level. This relief rally is also lifting sentiment across altcoins , including Pump.fun (PUMP).
PUMP, which saw a sharp 27% correction over the week, is now flashing signs of life. Its chart is highlighting a bullish reversal structure that could set the stage for a breakout in the sessions ahead.
Source: Coinmarketcap
Falling Wedge in Play
On the 4H chart, PUMP is shaping a Falling Wedge pattern — a structure often considered bullish, signaling the potential end of a downtrend and the beginning of upward momentum.
Recently, PUMP faced rejection from the wedge’s resistance trendline, forcing a dip toward its support base near $0.004841. However, buyers stepped in strongly at this level, triggering a rebound. As of now, PUMP is trading around $0.005124, hovering just below the wedge resistance.
Pump.fun (PUMP) 4H Chart/Coinsprobe (Source: Tradingview)
Adding weight to this setup is PUMP’s proximity to the 200 moving average (MA) at $0.0052776, which acts as a key resistance level and potential breakout trigger.
What’s Next for PUMP?
If PUMP manages to decisively break above the wedge resistance and reclaim the 200 MA, it would serve as a strong bullish confirmation. From there, a retest could accelerate momentum quickly, with the next key technical target sitting near $0.0076, based on the wedge’s measured move projection.
On the other hand, failure to confirm the breakout may leave PUMP vulnerable to another pullback, potentially retesting its support trendline around $0.004841. Bulls must defend this zone to preserve the ongoing bullish setup.
