Pump.fun (PUMP) is exhibiting a potential Bullish Bat harmonic pattern on its daily chart, despite a significant market downturn that saw Bitcoin and Ethereum drop over 5% in 24 hours, leading to over $1 billion in liquidations. PUMP itself has fallen nearly 15% but is showing signs of a possible reversal. The Bullish Bat pattern is forming from a decline to $0.002626 and a subsequent rally to the $0.0032–$0.0033 range, aligning with the 1.618 Fibonacci extension level. If PUMP maintains this zone, it could rebound towards $0.0044, initiating a recovery phase with further targets at $0.006766 and $0.008970. However, a fall below $0.0032 would invalidate this pattern.