Pump.fun Price Prediction: PUMP Targets $0.006 as Open Interest Hits Record High

• PUMP’s bullish structure remains intact as price holds above key EMAs.
• Record open interest signals rising leverage, increasing liquidation risks.
• Persistent spot outflows suggest derivatives demand is outpacing buying pressure.

Pump.fun’s PUMP token has extended its sharp recovery, gaining 73.20% over seven days and reaching $0.005002. The rally has pushed PUMP close to its recent high of $0.005452.

Trading volume also remains elevated at about $429.6 million over 24 hours. Consequently, market attention has increased as traders assess whether the token can extend its latest advance.

PUMP Maintains a Strong Bullish Structure

PUMP continues to show a firmly bullish structure on the four-hour chart. The token trades above its major exponential moving averages, reinforcing the strength of the recent recovery.

The 20 EMA sits at $0.004636, above the 50 …

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