Core Insights - Pump.fun (PUMP) has experienced a significant 15% price increase in the last 24 hours, currently trading at $0.0066, indicating a potential reversal from previous weakness [1] - Technical indicators suggest growing investor demand and bullish momentum, with the Moving Average Convergence Divergence (MACD) nearing a crossover that could confirm strengthening momentum [2][3] - The Chaikin Money Flow (CMF) indicates rising capital inflows, crossing above the zero line, which suggests that buying pressure is beginning to dominate [4] Price Analysis - PUMP is attempting to establish a new support level at $0.0062, which is critical for stabilizing the token and preparing for further upward movement [6] - If the support at $0.0062 holds, PUMP could target a resistance level of $0.0077 before aiming for its all-time high of $0.0090, reinforcing the bullish narrative [7] - However, potential selling pressure could lead to a decline below the support levels of $0.0062 and $0.0056, risking a drop to $0.0047, which would invalidate the bullish outlook [8]