💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Pump.fun (PUMP) Gains Momentum with Key Breakout Retest – Are More Gains Ahead?
Date: Sun, Oct 26, 2025 | 04:50 AM GMT The broader cryptocurrency market is showing steady upside performance today, with both Bitcoin (BTC) and Ethereum (ETH) trading in green with modest gains. This positive sentiment has allowed several altcoins to move higher — including Pump.fun (PUMP). PUMP is currently up around 4% today, and more importantly, its latest technical setup suggests that the token could be preparing for another strong leg upward.
Pump.fun (PUMP) 4H Chart/Coinsprobe (Source: Tradingview) Retest of Inverse Head and Shoulders Breakout On the 4-hour chart, PUMP has successfully broken out of an Inverse Head and Shoulders formation — a well-known bullish reversal pattern that often signals the end of a downtrend and the start of a new uptrend. As shown on the chart, the token formed the classic three-part structure with a left shoulder, head, and right shoulder before breaking above the neckline resistance at $0.00403. This breakout pushed PUMP to a local high of $0.0043, followed by a natural pullback that retested the neckline zone near $0.0040.
Pump.fun (PUMP) 4H Chart/Coinsprobe (Source: Tradingview) The retest has so far held successfully, as buyers stepped in around the neckline, supported by the 100-period moving average (MA). This rebound has brought PUMP back up to around $0.004323, confirming the neckline as new support. What’s Next for PUMP? With the inverse head and shoulders breakout holding steady, PUMP could be setting up for another upward move. If bulls continue to defend the 100 MA support and buying volume picks up, the token could aim for its next technical target near $0.00538 — which represents about 25% potential upside from current levels. However, traders should watch closely for any drop below the 100 MA, as that could invalidate the bullish setup on the lower time frame. Overall, PUMP’s recent price action suggests a shift in momentum, backed by a strong technical base and improving market sentiment. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.