PUMP is currently testing its previous all-time low level from July, which is acting as a key resistance point. If this resistance breaks through, we could see some sharp momentum in either direction. For now though, the price action remains range-bound and uncertain.

Interestingly, the project has been quite active with buybacks—running $7M in repurchases over the last 5 days. This kind of on-chain activity often signals confidence from the team, though it's no guarantee of price movement until we see a clear breakout from this resistance zone.