The PUMP token from Pump.fun has surged more than 30% this past week, benefiting from a broader crypto market recovery despite initial volatility. The native token of the Solana meme coin launchpad hit a low of $0.002283 in late July but has rebounded significantly due to aggressive buybacks totaling $23 million. Currently trading at around $0.0034, PUMP shows bullish signs, having surpassed key resistance levels. Indicators suggest strong buying momentum, with the Relative Strength Index at 67, while the Average Directional Index indicates the end of a bearish trend. A potential 'golden cross' may be on the horizon, further supporting bullish sentiment. Immediate support is established at $0.0030 and resistance at $0.003567 and $0.004113, as traders anticipate continued price action in the near future.

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