PUMP Token Now on Breakout Watch After Major Buyback Announcement
2025-07-16 06:42:09
Main Idea
The PUMP token is gaining attention due to a major buyback announcement, with trading volume surging 140% and price nearing a breakout from a key resistance zone.
Key Points
1. Pump.fun has initiated its first $PUMP token buyback, signaling potential for an explosive breakout.
2. Trading volume for $PUMP has surged by 140%, with the price nearing a key resistance zone at a $6.1 billion FDV.
3. The number of $PUMP holders has surpassed 40,000, with total trading volume exceeding $1.5 billion since launch.
4. At the time of writing, $PUMP trades at $0.006144, a daily gain of 12.57%, with a market capitalization of $2.17 billion.
5. Key resistance for $PUMP is at $0.0062, with support levels at $0.0057 and $0.0055.
Description
PUMP token initiates first buyback as symmetrical triangle pattern tightens Trading volume surges 140% as price nears breakout from key resistance zone Over 40,000 holders signal growing demand amid $6B FDV and bullish momentum Pump.fun has officially initiated its first $PUMP token buyback, a major strategic move that is adding fuel to a technical chart pattern that already points to an explosive breakout. After weeks of community-led speculation and volatile trading, the project’s proactive mo...
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