Pump.fun (PUMP) Token

Pump.fun (PUMP) To Climb Higher — Key Pattern Formation Signals Potential Upside Move


Date: 11 Jan 2026, 06:20 PM GMT

Key Highlights

  • Pump.fun (PUMP) posts over 6% intraday gains as broader crypto market sentiment improves.
  • The 4H chart shows a bearish ABCD harmonic pattern, with the bullish CD leg currently in play.
  • Price rebounded strongly from the 100-period moving average, reinforcing trend strength.
  • The pattern projects a potential upside move toward the $0.00296 region.
  • Holding above the $0.00225 support zone remains critical to sustain the bullish structure

The broader cryptocurrency market has regained modest upward momentum today, with both Bitcoin (BTC) and Ethereum (ETH) returning to positive territory. This improvement in sentiment has helped stabilize the altcoin space, and Pump.fun (PUMP) is emerging as one of the stronger performers, posting over a 6% intraday gain.

Beyond the short-term price bounce, PUMP’s chart structure is beginning to show a technically constructive setup that suggests additional upside could be developing.

PUMP Token Price
Source: Coinmarketcap

Harmonic Pattern Signals Bullish Continuation

On the 4-hour timeframe, PUMP appears to be forming a bearish ABCD harmonic pattern — a structure that often develops during the later stages of an uptrend. While this pattern can eventually signal a reversal once the final leg completes, the CD leg itself is typically driven by strong bullish momentum, often producing notable upside before any exhaustion sets in.

As illustrated on the chart, the pattern initiated at Point A near $0.00179, followed by a sharp impulsive rally into Point B around $0.00272. Price then entered a corrective phase, pulling back toward Point C near $0.00203.

Importantly, this retracement aligned closely with the 100-period moving average, where buyers stepped in decisively. The swift reaction from this zone reinforced the strength of the underlying trend and helped preserve the harmonic structure.

Pump.fun (PUMP) 4H Chart
Pump.fun (PUMP) 4H Chart/Coinsprobe (Source: Tradingview)

Since bouncing from Point C, PUMP has resumed its advance and is now trading back around the $0.0025 area, signaling that the CD leg is actively unfolding.

What Could Come Next for PUMP?

If the ABCD pattern continues to play out as projected, the CD leg could extend toward the 1.346 Fibonacci projection of the BC segment. This places the Potential Reversal Zone (PRZ) near $0.00296, which sits roughly 18% above current price levels.

This zone is typically where traders begin to watch for signs of short-term exhaustion or profit-taking, as harmonic patterns often complete around these extensions. Until then, momentum favors the bulls, provided the structure remains intact.

From a risk perspective, holding above the $0.00225 support region will be crucial. A decisive breakdown below this level would weaken the harmonic setup and increase the likelihood of renewed downside pressure.

For now, PUMP’s price action remains technically constructive, with buyers defending key levels and momentum pointing toward a possible continuation higher before any broader consolidation or reversal attempt emerges.

Frequently Asked Questions (FAQ)

What is driving Pump.fun (PUMP) price higher today?

PUMP is benefiting from improving overall market sentiment and a bullish harmonic structure on the 4-hour chart, supported by strong buying interest near the 100-period moving average.

What pattern is forming on the PUMP chart?

The chart indicates a bearish ABCD harmonic pattern. While such patterns can lead to reversals at completion, the CD leg often produces strong bullish momentum before that point.

What is the upside target for Pump.fun (PUMP)?

If the CD leg continues, the projected upside target lies near the $0.00296 level, which aligns with the 1.346 Fibonacci extension.

Is Pump.fun (PUMP) still bullish in the short term?

As long as price remains above key support and momentum holds, the short-term outlook remains cautiously bullish.



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