Thesis PUMP is up 58% on the month. For four days it has been stuck under 0.0068, and each daily high is lower than the last (0.0068, 0.006697, 0.006499). It is now trading 1.4% below the 0.006488 breakout level, so this is a test from underneath, not a breakout that held. Dips are clearly being bought: the 13:15 flush to 0.00618 traded 60M and was fully recovered by 14:30. But a stop-trigger entry above 0.0065, with a stop under the 0.00629 base, only pays about 1.2:1 to the 0.0067-0.0068 supply. The only entry with acceptable reward-to-risk is a pullback bid near 0.00633, with the stop under the day's 0.00618 low. Crowd read PUMP is on CoinGecko's trending list after a 58% month, with Fear & Greed at 73. That is late attention rather than early. The lower daily highs and falling daily volume (0.53x average) suggest early buyers are selling into the chasers. The lower wicks near 0.0062 show someone is still defending the range, so the likely result is more chop inside 0.0062-0.0068, not a clean run. Watch for There are two ways in. First, a pullback to 0.0063-0.00635 where lower wicks show buying (like the 13:15 absorption), with the hourly close holding above 0.00625: that fills the limit. Second, a 15m close above 0.0065 on at least 2x volume that holds for two bars. That clears today's high and the 0.006488 level, but the reward-to-risk only works if it then dips back toward 0.00640 and holds. Skip it if it runs straight at 0.0067 without retesting. Wrong if An hourly close back under 0.00625 would mean the 13:15 flush low is giving way and the range floor is failing. Another rejection at 0.0064-0.0065 that sets a lower high would mean sellers are still in charge. If BTC loses about 3% from 86.5k, the alt bid goes with it. Exit rules · close below 0.00625 (1h): Back under the 13:00-14:00 base: the dip-buying that absorbed the flush has failed · btc drop pct 3.0: BTC is near its 20-day high; a 3% drop pulls alts and the PUMP range floor down with it · no progress hours 6.0: If it has not pushed off the bid within 6 hours, the bounce has no follow-through Managed exit (half at 1R, trail 1R) active, -0.58R so far

Screener retest scored 65 · retesting breakout level (-1.4% from it) · +5% vs BTC on the week Project Nothing catalytic in the last two weeks. On Oct 4 there was a 13% spike on heavy volume with no clear catalyst. On Oct 6, Arkham identified about $2.84B in on-chain assets tied to pump.fun, of which about $2.19B is its own PUMP token. That reads as supply overhang more than strength. Buyback programme is reportedly ongoing. No unlocks, hacks or delistings found. The order book on Kraken is fine: 0.08% round trip at £2k and a 0.05% spread. Risks · The daily highs keep stepping down (0.0068 → 0.006697 → 0.006499) under the 0.0068 swing high, where trapped buyers from Oct 4 are waiting to sell at break-even · Trending on CoinGecko after a 58% month, which usually lines up with local tops · Arkham-tagged treasury holds about 341B PUMP (about $2.19B), which is a large supply overhang the market can see · Only 56% of supply is circulating, so dilution risk stays in the background · The 0.0067-0.0068 target sits right in the overhead supply, and +5% within 12h has only a 28% base rate Sources https://cryptobriefing.com/pump-fun-on-chain-treasury-pump-token https://www.kucoin.com/news/flash/pump-fun-holds-2-8-billion-in-on-chain-assets-including-219-million-in-pump-token https://pluang.com/en/news-feed/pumpfun-turun-450-dalam-satu-jam https://pluang.com/en/news-feed/pump-fun-naik-1064-dalam-empat-jam Features at call time pct_1d: -1.07 pct_7d: 8.67 vol_ratio_eff: 0.85 rsi_1d: 68.17 bbw_pct_rank: 84.16 dist_to_high_20d_pct: 6.35 consec_green_1d: 0 overhead_supply_share: 0.02 upper_wick_ratio_1d: 0.10 lower_wick_ratio_1d: 0.67 rs_vs_btc_7d: 5.15 from_ath_pct: -26.03