Technical analysis by Bithereum_io about Symbol PUMP on 12/7/2025

#PUMP is moving inside a falling wedge pattern on the 12H timeframe. It is currently facing a heavy resistance cluster, including the 12H SMA50, the Ichimoku cloud, and the wedge resistance. There is a high chance of a support retest before the next leg up. If the price breaks below the wedge, the analysis will be invalidated. In case of a breakout above the resistance cluster, the potential targets are: 🎯 $0.003575 🎯 $0.004256 🎯 $0.004806 🎯 $0.005356 🎯 $0.006140 🎯 $0.007138 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.