Pump.Fun (PUMP) is experiencing a significant price surge, rising over 13% as it enters October. The token's momentum is bolstered by daily buybacks and robust on-chain activity. Analysts note PUMP's competitive fee generation, rivaling larger projects like HYPE, and highlight the team's control of over $2 billion in reserves. Technical analysis indicates potential resistance levels at $0.00595 and $0.00618, with a crucial support zone at $0.00536. Should PUMP maintain its strength above this support, it could target the $0.00625 to $0.00650 range in the near term.