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Pump Analysis
Short-Term Outlook
The recent breakout above key resistance near 0.0058 suggests bullish sentiment is building. If support holds around 0.0056-0.0057, further upside could be possible in the near term
0.006500 and 0.008000 resistance levels
Ongoing Token Buybacks Recent data shows that pump.fun has repurchased $114 million worth of PUMP tokens since July 15, reducing the circulating supply by 7,354%. Just yesterday, 220 million tokens were repurchased for 6,001.72 SOL (~$1.285 million), indicating active treasury-driven demand.