PUMP Targets $0.003 as Derivatives Volume Jumps 164%

Pump.fun's (PUMP) price rose by 11.1% to $0.002729 due to increased derivatives trading and renewed exchange outflows.

The token is now targeting $0.003 resistance, but faces an overbought RSI suggesting buyers may need consolidation before another attempt.

PUMP's spot trading volume jumped 133.22% over 24 hours to $158.7 million, while derivatives volume climbed 163.85% to $429.88 million as traders increased activity around the move.