New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Pump.fun (PUMP) To Climb Higher? This Emerging Bullish Pattern Formation Suggests So!
Date: Wed, Dec 31, 2025 | 11:36 AM GMT
As the final day of 2025 arrives, the broader cryptocurrency market is showing modest strength. Both Bitcoin (BTC) and Ethereum (ETH) are trading slightly in the green, helping stabilize overall sentiment. This steady backdrop has created room for select altcoins — including Pump.fun (PUMP) — to begin forming constructive technical structures after prolonged downside pressure.
PUMP is starting to stand out, posting a nearly 5% daily gain and trimming its 60-day decline to around 57%. While the recovery is still early, the more important development is visible on the daily chart, where price action is beginning to hint at a meaningful structural shift. If confirmed, this setup could mark the early stages of a broader bullish continuation.
Source: Coinmarketcap
Rounding Bottom in Play
On the daily timeframe, PUMP appears to be carving out a classic rounding bottom formation — a well-known bullish reversal pattern that typically develops after an extended downtrend. This pattern reflects a slow but steady transition from aggressive selling to quiet accumulation, as sellers gradually lose control and buyers begin stepping in with more confidence.
Earlier in the trend, PUMP faced strong rejection near the $0.03396 neckline region, which triggered a sharp and extended decline. That sell-off eventually found a floor near the $0.0017 level, a zone that has since acted as a critical demand area. Multiple defenses of this region prevented further downside and laid the foundation for a potential trend reversal.
$PUMP Daily Chart/Coinsprobe (Source: Tradingview)
Since establishing this base, PUMP has started to curve higher in a rounded fashion on the chart. This gradual upward arc suggests that selling pressure is fading rather than ending abruptly — a key characteristic of healthier bottoming structures. The recent recovery above the $0.0019 region further supports the idea that accumulation is underway and that market participants are positioning ahead of a larger move.
What’s Next for PUMP?
For the rounding bottom structure to gain confirmation, PUMP needs to reclaim the 50-day moving average, currently hovering near the $0.002675 mark. A sustained move above this level would signal a shift in short-term momentum and reinforce the view that buyers are beginning to regain control after months of corrective price action.
Looking further ahead, the most significant technical barrier remains the neckline resistance around $0.03396. A clean and decisive breakout above this zone would validate the entire reversal pattern and could usher in a broader bullish expansion phase. Such a move would likely attract renewed interest from momentum traders who have remained sidelined during the prolonged downtrend.
Until those levels are reclaimed, the pattern remains in its development phase. Short-term consolidation or minor pullbacks cannot be ruled out, especially if price hesitates near the 50-day moving average. However, as long as PUMP continues to form higher lows and holds above the $0.0017 base, the broader rounding bottom structure remains intact.
Overall, PUMP is approaching a technically significant inflection point. The evolving rounding bottom pattern, improving price structure, and proximity to key resistance levels suggest that the coming sessions could be decisive in determining the token’s next major directional move as the market steps into 2026.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
About Author: Nilesh Hembade is the Founder and Lead Author of Coinsprobe, with over 5 years of experience in the cryptocurrency and blockchain industry. Since launching Coinsprobe in 2023, he has been providing daily, research-driven insights through in-depth market analysis, on-chain data, and technical research.
X
LinkedIn