Is Pump.fun’s Price Ready to Bounce Back? New Chart Pattern Offers Hope

The cryptocurrency market is experiencing volatility, with Bitcoin and Ethereum seeing 24-hour drops of over 5%. This downward pressure has triggered liquidations exceeding $1 billion, significantly impacting the crypto landscape. Pump.fun (PUMP) has taken a hit as well, dropping nearly 15% today. However, a bullish pattern on PUMP’s chart suggests a potential price rebound could be on the horizon.