Key highlights:
- The PUMP price has slowed down after a strong run, and traders are watching closely to see how it handles this pause.
- The structure still looks solid, but the chart needs to show a bit more before the next move becomes clear.
- The price is tightening into a range that could decide whether momentum picks back up or fades for a while.
Pump.fun has been one of the more reliable movers on lower time frames lately, which is exactly why traders are paying close attention now.
Crypto trader Cheds shared a 4-hour chart to frame the bigger structure, while Altcoin Sherpa summed it up simply: PUMP is still one of the strongest coins, and he’s interested in a long if price comes back to the right level.
That mix of confidence and patience usually shows up around turning points. The trend hasn’t broken, but the next move depends on how price handles this pullback.
What the PUMP 4-hour chart is really showing
On the 4-hour chart shared by Cheds, the PUMP price looks like it’s shifting out of full momentum mode and into a “prove it” phase. After pushing into recent highs, price started to chop and slow down, opening the door for a dip-and-reclaim type move.
One level stands out clearly: the horizontal zone around the mid-$0.0028 area. The PUMP price is hovering right around it, and it’s acting like a line in the sand. Holding above it keeps the structure healthy, while losing it would likely invite a deeper pullback.
A tightening range puts pressure on the PUMP price
The second chart shared by Sherpa makes the situation even clearer. The PUMP price is compressing inside a tightening wedge, with higher lows pushing into a descending resistance line.
That compression is happening above a key support band around the mid-$0.0026 area, which lines up with the prior breakout zone.
That’s generally what you want to see in a strong trend. Instead of falling back into the old range, the PUMP price is trying to hold above former resistance and turn it into support.
The moving averages also support that view, with price staying above the faster lines and the longer-term 200 SMA well below, showing how much the structure has improved.
How Sherpa’s long idea fits the setup
Sherpa’s comment about longing “if it comes,” fits perfectly with what the chart is showing. He’s not chasing strength. He’s waiting to see if the PUMP price dips into support, settles down, and then reclaims the key pivot.
If that happens, the trend stays intact and the case for continuation improves. If support gives way and price can’t reclaim that level, it likely means the market needs more time to cool off before trying higher again. According to CoinCodex’s 1-month PUMP price prediction, the token could trade around $0.002210.
For now, the PUMP price isn’t showing signs of failure. It’s simply at a point where it needs to decide whether to hold the retest and push through the wedge, or step back for a deeper reset first.
Source: https://coincodex.com/article/80234/pumpfun-pump-price-enters-a-make-or-break-zone-after-the-rally/
