Pump.fun Price Analysis: Bullish Momentum Fuels Continued Surge

The Pump.fun (PUMP) cryptocurrency continues its upward trend, driven by strong bullish momentum and favorable technical signals. Analysis reveals a sustained uptrend for several sessions, with recent price action demonstrating increased buying pressure as the token pushes towards new short-term highs. 4-hour chart analysis shows the token currently trading at $0.00579, marking a 1.62% gain in the latest session. The standout feature is the alignment of moving averages (EMA 20/50/100/200), all trending upwards, confirming a robust bullish trend.