PUMP token is showing signs of bullish momentum as it breaks out of its short-term trendline, reducing seller pressure. Currently trading at $0.005413, a confirmed breakout above $0.0060 could propel the token towards the $0.0065–$0.0070 range. This movement is supported by a volume spike, indicating increased buying interest. The token is forming a bullish flag pattern, suggesting a potential retest of previous highs. On the fundamentals side, Pump.fun, the platform behind PUMP, ranks 4th in DeFi revenue this month, with consistent daily revenue increases, reinforcing its position as a leading memecoin launchpad.