PUMP in “Cup and Handle” Pattern : Sign of an Imminent Rally
On the 4-hour chart, PUMP appears to be forming a classic “Cup and Handle” pattern, a model recognized for its reliability. The cup phase began in late July, with a decline from the $0.003645 zone to a low near $0.0022, followed by a rebound in a rounded formation.
After returning to the $0.003645 zone, PUMP entered the handle phase. This slight consolidation has likely eliminated weaker positions before buyers regained control.
Outlook to Monitor
PUMP is positioned just below the critical neckline, with the 50-day moving average as technical support. A decisive close above $0.0040 would confirm the breakout of the “Cup and Handle” pattern. This would open the path to a potential rise towards $0.005035, representing a gain of approximately 39% from current levels.
However, volume will be a key element to watch. A breakout supported by strong buying pressure could attract momentum-oriented traders and accelerate gains. Conversely, rejection at this resistance could bring this Token back to test the 50-day moving average before another upward attempt.
While the short-term outlook appears favorable, it’s essential to always conduct your own research and analysis before investing in cryptocurrencies. Crypto markets remain volatile and unpredictable in the short term.
How to Buy PUMP on Bitget ?
You should monitor key levels before committing and take profits in case of a rise. To buy the PUMP token on Bitget, follow these simple steps :
- Registration and verification : Create an account on Bitget.com with an email address or phone number. Complete the KYC verification by submitting an ID and a selfie to access all features, including spot trading.
- Fund deposit : Go to “Assets” > “Deposit” in the Bitget interface. Deposit funds in fiat (EUR via SEPA, bank transfer, or Visa/Mastercard) or cryptocurrency (USDT, BTC, SOL). Bitget supports more than 100 payment methods, including Advcash and Wise, with zero fees for card purchases. Transfer the funds to your spot account.
- Buying PUMP :
- Go to “Markets” or “Spot Trading” and search for the PUMP/USDT or PUMP/SOL pair.
- Select a market order for an instant purchase at the current price (approximately $0.00347 in August 2025) or a limit order to target a specific price, such as $0.004 to anticipate a bullish breakout.
- Enter the amount to invest (minimum $5). Confirm the purchase by clicking on “Buy PUMP”. Your PUMP tokens will be instantly credited to your spot account.
