PUMP Coin Hits R1 Resistance with Record 53% Price Surge

PUMP coin has surged by an impressive 53% in recent trading, according to @RhythmicAnalyst's update on September 4, 2026. This significant move has seen the price of PUMP hit R1 resistance.

The technical indicators are currently suggesting a bearish structure for PUMP. The Bollinger Bands have $0.00 as their upper resistance level, while both the EMA50 and EMA200 rest at $0.00. However, the MACD(12,26) has printed a bullish golden cross at -0.00, creating confluence that favors a test of lower band support at $0.00 before any continuation.

This setup is refining PUMP price prediction models and highlighting crypto resistance levels for institutional desks watching BTC correlation. The RSI(14) remains neutral with a reading of 41.01, while the MACD's bullish golden cross adds to the confluence in favor of lower band support.