Quick Takeaways
- Pump.fun is testing a tough resistance zone around 0.00435 to 0.00440
- A massive 2.5 million dollar creator payout recently sparked attention
- Technicals look strong, but signs of a short-term cooldown are showing up
Pump.fun Has Been Gaining, But It’s Hitting a Wall
Let’s talk about what’s going on with Pump.fun right now. After bouncing back from its late August dip, Pump.fun has been climbing steadily. It’s currently trading at 0.00421 and is still moving inside a pretty clean upward trend.
It’s been making higher lows and staying above its 20-day moving average, which is generally a good sign for any asset. But here’s the thing. The price is now pressing up against a resistance zone around 0.00435 to 0.00440.
So far, buyers haven’t been able to break through. If it does manage to close above that range, there’s a good chance it could move up to 0.00460 maybe even 0.00480 if things really take off.
If not, we might see a short-term dip. The first support level to watch is around 0.00382. That’s where the 20-day EMA and the lower trendline meet. If the price drops below that, it could drift down to 0.00355 or possibly even 0.00340.
Pump.fun’s Creator Payouts Are a Big Deal Right Now
What’s been catching a lot of people’s attention lately is how Pump.fun is rewarding creators.
Just recently, the platform paid out over 2.5 million dollars in creator fees and that happened in just 24 hours.
That chance attracted the focus of over 4,400 creators. That’s still quite a figure, particularly when contrasted with well-known streaming services, Twitch or Kick. The takeaway here is simple.
People are not only using Pump.fun, they’re making real money from it. That’s helping the project stand out and giving it a more sustainable growth story. When creators are happy and getting paid, they stick around and that helps build stronger long-term demand for the token.
If Pump.fun keeps this up, it could easily draw even more users and attention. And that kind of momentum often spills over into price action.
The Charts Still Look Good, But There Are Signs of a Pause
If we look at the charts, Pump.fun still looks pretty solid. Technically, bulls continue to speed as MACD is still growing. On the other hand, the MACD’s histograms are narrowing, which often suggests that the speed is declining slightly.
Also, the RSI is hovering around 69. That’s right at the edge of being overbought, so there’s a chance we might see the price cool off before trying another move higher.
That said, trend indicators are still holding up. The Supertrend has been green since 0.00361 and is still trailing below the price. The dots on the Parabolic SAR continue to remain below the candles, indicating bullish sentiment as well. The general trend appears to be intact as long as the price is above 0.00382.
On-Chain Flows Show Traders Are Getting Back In
There’s something else worth paying attention to on-chain activity. On September 4, Pump.fun saw net inflows of 2.44 million dollars into exchanges. That’s a pretty big deal and one of the strongest single-day inflows in months.
It shows that people are starting to take positions again, likely expecting more growth from the platform. However, the inflows haven’t been totally consistent.
For a strong breakout above 0.00460 to really stick, we’d probably need to see daily inflows closer to 5 million. That kind of steady demand would help confirm that this rally has staying power.
What Could Happen Next for Pump.fun?
So, where does Pump.fun go from here?
If buyers can push the price above 0.00440 and hold it there, we could be looking at a run toward 0.00460 pretty quickly. If things heat up further, 0.00480 is not out of the question either.
But if momentum stalls here and it might, given the RSI and weakening MACD a short-term pullback could happen. The first area for monitoring will be an area around 0.00382, and if it does not hold, there will be the next level to inspect 0.00355 and 0.00340.
However, the atmosphere is often excited. Creator payouts are growing, on-chain flows are improving, and the chart structure is still bullish. So even if there’s a dip, it might just be a breather before the next leg higher.
