Whales Are Back! PUMP’s 135% Rally Alert 🚀💰

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Whales accumulate 4.2B PUMP tokens, fueling a 9.86% price rise. A breakout signals potential for a 135% rally toward $0.0095.

 

The PUMP token is showing signs of a strong recovery, driven by whale accumulation and a confirmed breakout from its descending channel. Over the past 24 hours, whales have accumulated more than 4.2 billion PUMP tokens, signaling a shift in market sentiment. 🐋💸

This increased buying pressure has led to a rise in PUMP’s price, with a 9.86% increase in the last 24 hours. As a result, the token’s price outlook is now pointing toward a potential 135% rally, with technical indicators supporting this trend. 📈

PUMP Breaks Above Descending Channel, Eyes 135% Rally

PUMP has recently broken above its descending channel, signaling a shift in market momentum. 🌟

The price currently sits at $0.00404, a 9.86% increase in the past day. This breakout suggests that the bearish trend may be ending and a new upward trend is forming. Traders are now looking at key resistance levels for signs of further movement. 🧭

The next significant resistance for PUMP is near $0.0053. A close above this level could set the stage for further gains toward $0.0075 and $0.0095. This price movement would represent a 135% rally from its current level. 🎯

With growing liquidity around the $0.0045-$0.005 level, the price could push higher in the coming days. 💸

The Parabolic SAR indicator has also flipped below the price candles, signaling an end to the downtrend. This technical shift reinforces the idea that PUMP is moving toward a bullish phase. If these positive signals continue, PUMP could see substantial gains in the short term. 🚀

Whale Activity and $138 Million Buyback Initiative

Whale activity has played a major role in the token’s recent price movement. 🐋

A major wallet withdrew $2 million USDC from Kraken to buy over 500 million PUMP tokens. This purchase is one of the largest whale acquisitions this month, highlighting strong interest from large investors. 🤑

In addition, whales have collectively accumulated over 4.2 billion PUMP tokens in just 24 hours. 🐋💸

A whale withdrew $2M from and bought 517.97M at a price of $0.0039.

Address: BGSLvBb6Rn4r21skKtRyE8NPXvkmkbUdNtDqGhTDWTe5

Data

– Onchain Lens (@OnchainLens)

Pump.fun’s $138 million buyback initiative has also contributed to the price surge. The buyback program helped retire 3% of the circulating supply, reducing selling pressure. This move supports the bullish outlook by improving the token’s scarcity and reinforcing demand. 💸

The average buyback price of $0.0064 now acts as a key resistance level. Investors may look to realize profits if PUMP reaches this price level. However, if the buyback momentum continues, PUMP could maintain its upward trajectory toward the $0.0095 target. 🎯

Strong Market Outlook for PUMP

The memecoin’s price outlook remains strong, supported by whale participation and buyback initiatives. 🚀

If the current accumulation continues, the price may stabilize above $0.0055. With growing investor confidence and positive technical indicators, the token is expected to see more upside potential. 📈

As more whales accumulate tokens and buyback programs reduce the supply, PUMP is positioned for growth. The token’s recovery could extend toward its $0.0095 target in the short term. If this momentum holds, PUMP’s market recovery will likely continue well into the future. 🐋💸

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2025-10-24 20:08