Pump.fun Price Prediction. Buyers Step In As Project Expands Buybacks But Trendline Caps Recovery

• Pump.fun price today trades near $0.00389, holding steady as buyers defend support despite repeated trendline rejections.
• The project’s buybacks reached $173.7 million, covering 10.9% of supply, but spot outflows of $5.02M show lingering distribution.
• A close above $0.0044 could flip momentum bullish, while a drop below $0.0036 exposes deeper support near $0.0033.

Pump.fun (PUMP) price today trades near $0.00389, showing limited movement after repeated rejections from the descending trendline that has guided the downtrend since September. Despite a strong buyback update from the project team, technical momentum remains subdued as sellers defend overhead resistance.

Buybacks Continue But Price Reaction Stays Muted

Pump.fun confirmed a $1.54 million token buyback over the past 24 hours, representing 98.7% of daily revenue. This brings total purchases to $173.7 million, covering roughly 10.9% of the circulating supply. The consistent repurchase activity highlights the project’s effort to support liquidity and offset emissions, but the market has yet to respond decisively.

Even with this steady accumulation, spot data from Coinglass shows $5.02 million in net outflows on November 13, reflecting traders moving tokens back to exchanges. Outflows of this scale typically signal distribution pressure rather than accumulation, explaining why PUMP continues to face resistance below the $0.0042–$0.0044 range.

Technical Picture Shows Tight Range Below Key Trendline

On the 4-hour chart, PUMP trades under a clear descending trendline drawn from the October high near $0.0090. Every attempt to break above has failed, reinforcing a long-term bearish structure. The token currently trades below all major moving averages, with the 20-, 50-, 100-, and 200-period EMAs stacked between $0.0041 and $0.0043 — now acting as resistance.

Support remains firm at $0.0036, a level that has held since early October. A breakdown below this area could expose deeper liquidity near $0.0034–$0.0033. On the upside, bulls need a close above $0.0044 to shift momentum and invalidate the descending setup.

The RSI at 42.8 reflects weak buying strength but not oversold conditions, suggesting that PUMP could still consolidate before making its next major move.

Intraday Action Hints At Stabilization

On the 30-minute chart, the token is trading slightly above the VWAP at $0.00393, maintaining a narrow intraday band between $0.00387 and $0.00394. The Supertrend indicator remains bearish near $0.00406, showing that the short-term trend still favors sellers.

While volume remains muted, the price’s stability above intraday support indicates that buyers are absorbing sell orders rather than capitulating. For now, any move above $0.0040 would be seen as a minor relief bounce, with momentum only turning positive once price reclaims the Supertrend line.

Outlook. Will Pump.fun Go Up?

Pump.fun’s structure remains neutral to slightly bearish in the short term, but consistent buybacks and stable support suggest the downside risk is contained.

• Bullish case: A confirmed close above $0.0044 could flip momentum positive, targeting $0.0048 initially and $0.0053 next if follow-through buying appears.
• Bearish case: A daily close below $0.0036 would confirm a breakdown toward $0.0033, risking a test of long-term demand zones.

Until price clears the descending resistance, Pump.fun is likely to remain range-bound, with buybacks providing a floor but not yet enough to spark a trend reversal.