Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Pump.fun (PUMP) Slides Lower – Could This Emerging Pattern Spark a Bounce Back?

Pump.fun (PUMP) Slides Lower – Could This Emerging Pattern Spark a Bounce Back?

CoinsProbeCoinsProbe2025/09/19 18:36
By:Nilesh Hembade

Date: Fri, Sept 19, 2025 | 10:40 AM GMT

The cryptocurrency market is witnessing a mild retracement today after the initial surge that followed the Fed’s rate cut decision. Both Bitcoin (BTC) and Ethereum (ETH) are trading slightly lower, and the weakness has spilled over into altcoins , including Pump.fun (PUMP).

Despite today’s red candles, PUMP has been one of the best-performing tokens over the past 30 days, rallying over 140% in that period. Currently down by over 9%, the chart is hinting at something interesting — the possible formation of a “Power of 3” (PO3) pattern that may set the stage for a sharp rebound.

Pump.fun (PUMP) Slides Lower – Could This Emerging Pattern Spark a Bounce Back? image 0 Source: Coinmarketcap

Power of 3 Pattern in Play?

On the 2H chart, PUMP is showing early signs of a Power of 3 setup, a classic structure often characterized by three distinct phases:

Accumulation Phase
For nearly a week, PUMP consolidated inside a broad range between $0.00873 (resistance) and $0.00750 (support). This sideways action suggested quiet accumulation by larger players, while volatility compressed.

Pump.fun (PUMP) Slides Lower – Could This Emerging Pattern Spark a Bounce Back? image 1 Pump.fun (PUMP) 2H Chart/Coinsprobe (Source: Tradingview)

Manipulation Phase
Earlier today, the token slipped below the $0.00750 support, dropping into the $0.00720 zone. This red-shaded region reflects the manipulation phase, where weak holders are often shaken out via false breakdowns before price sets up for a potential reversal.

What’s Next for PUMP?

At present, PUMP is still trading inside the manipulation zone, which leaves room for another dip toward the $0.00690 support. However, if buyers step in and defend this red zone, pushing price back above $0.00750, the token could transition into the expansion phase — the most bullish leg of the setup.

A decisive breakout above $0.00873 would validate this bullish scenario, opening the way toward the $0.01056 range — an upside of more than 45% from current levels.

That said, it’s important to note that the pattern is still in its early phase and playing out on a lower timeframe (2H chart), making it riskier to fully rely on. Until PUMP reclaims the $0.00750 level, the risk of further downside remains.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

From HBM to DRAM and SSD, AI agent frenzy fuels surging storage demand! Micron (MU.US) earnings are up next, with the market anticipating a "major beat + buyback" package.

The financial report to be released by Micron, one of the three major original storage chip manufacturers in the United States, on Wednesday Eastern Time will serve as an important window to assess the progress of the storage super cycle and the unprecedented AI infrastructure frenzy.

智通财经•2026/09/30 04:11

Anthropic’s $2 Trillion IPO Exposes Weaknesses: 47% of Revenue Depends on Amazon and Google, 16 Cents Taken from Every Dollar

Anthropic's prospectus reveals that in 2025, 47% of its revenue will be processed through Amazon and Google Cloud platforms, a significant increase from 11% in 2023. For every $1 of cloud platform revenue, approximately 16 cents must be paid to the platform as distribution fees, totaling about $351 million annually. Additionally, these two giants serve as Anthropic's investors, computing power providers, distributors, and direct competitors simultaneously.

华尔街见闻•2026/09/30 02:36