Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Here’s How High PUMP Price Could Go If the Rumored Pump.fun Airdrop Actually Happens

PUMP is waking up again, and the timing couldn’t be better for traders watching it closely. The Pump.fun price is already up more than 18% today, sitting around $0.00442. With hype rising and two potentially big events coming this month, the tone around PUMP has shifted fast.

A lot of this excitement comes from growing talk about a possible airdrop, plus the major token unlock on November 15

When a meme-driven token gets both of these narratives at the same time, traders usually rush in early, and that’s exactly what’s happening right now.

What’s Behind Today’s PUMP Hype?

The spark really took off after Meta Gorgonite hinted that something big might be coming from Alon, saying the PUMP price was already up over 20% and that two major events were lined up for the month. That tweet alone created a wave of speculation, and people started buying simply because they didn’t want to miss anything.

Source: X/@MetaGorgonite

On top of that, Don’s chart breakdown added even more fuel. He pointed out that PUMP has formed a clean W-pattern, which is one of the most reliable reversal patterns in crypto

That pattern is lining up right at the descending channel resistance, and if the PUMP price breaks above it, the next target is the white line up near the local highs.

So you’ve got hype building on one side and a strong technical setup on the other. That combination always wakes the market up.

Read Also: Here’s the Hyperliquid (HYPE) Price if Buybacks Keep Outpacing Pump.fun by 6x

What the Pump.fun Charts Are Showing

Looking at the first chart, you can clearly see PUMP pressing against the top of the descending channel that’s been holding it down for weeks

Usually, the price gets rejected hard at this line, but this time, the structure underneath looks a lot stronger.

The second chart shared by Don, takes the whole idea further. It shows the double-bottom pattern, the neckline resistance, and the exact breakout target

Source: X/@DonaldsTrades

The PUMP price is sitting right under that key level, and if it pushes through, there’s not much standing in the way until the $0.0078 zone. That would be a pretty big move from where PUMP is trading now.

This is exactly the kind of setup traders hunt for: clean structure, momentum building, and a narrative strong enough to carry it higher.

How High Could PUMP Go If the Airdrop Happens?

If PUMP breaks out of the descending channel cleanly, the first real target is the $0.0078 area. That’s roughly 75% higher than where it is right now. And because the resistance above the neckline is thin, the move could be fast if volume spikes.

If an airdrop is actually confirmed, or even teased then PUMP could retest its October highs or even push into a new price zone. Coins tied to hype cycles often explode when technicals and narrative line up, and this setup has both worked in its favor.

If the breakout fails, then the PUMP price likely drops back into the channel for another round of consolidation. But right now, the momentum is clearly on the side of the bulls.

What’s Next for PUMP?

PUMP has two big storylines coming this month: the rumored airdrop and the November 15 unlock. Those two catalysts have already shifted trader attention back toward the token

Add in a clean W-pattern, a descending-channel breakout attempt and rising volume, and you get a setup that looks ready for a strong move.

If the airdrop actually happens, the PUMP price could push much higher from here. For now, the $0.0078 target is the level everyone is watching.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Here’s How High PUMP Price Could Go If the Rumored Pump.fun Airdrop Actually Happens appeared first on CaptainAltcoin.

PUMP5.44%
HYPE-1.54%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)