PUMP surged by 52.52% within 24 hours due to unexpected market activity

On September 16, 2025, PUMP soared by 52.52% in just 24 hours, with its price climbing to $0.007818. This remarkable upswing represents a major change in sentiment, as the token saw significant gains across various timeframes. The surge came after a phase where PUMP traded sideways before breaking out, fueled by renewed bullish enthusiasm. Such price behavior points to stronger buying interest and a shift in the strategies of short-term traders and investors.

Over the past week, the token has jumped by 7432.25%, highlighting a powerful trend reversal that could mark the end of the earlier downward movement. Technical analysis reveals that PUMP has surpassed crucial resistance points that previously held back its advance for several weeks. This breakout holds particular significance because, in the past, similar levels led to retracements and failed rallies. The current upward movement suggests that key fundamentals or market dynamics have shifted, leading to a reassessment of the asset's potential and market value.

Experts believe that, as long as important support levels are maintained and trading volume supports continued buying, the momentum could extend further in the coming days. Both the one-month and one-year returns of 7432.25% reflect a major change in how investors view the token, as well as its increased acceptance. These gains indicate that PUMP is being revalued by the market, with investors adjusting their portfolios to include it as a promising growth asset. The ongoing rally suggests that there is growing interest in PUMP’s possible applications and adoption rates.

Among the tools used to track PUMP’s performance are the relative strength index (RSI), moving average convergence divergence (MACD), and the 50-period moving average. The RSI has recently moved into an overbought zone, hinting that a pullback or stabilization could be on the horizon. Still, the current surge in both price and trading volume means this overbought state might persist. Additionally, the MACD line has moved above its signal line, further confirming the bullish momentum and indicating increasing upward strength.

The 50-period moving average now serves as a dynamic support, and as long as PUMP’s price stays above this line, the overall trend should remain positive. Taken together, these technical signals point to a bullish short-term outlook, though traders should be aware of the potential for quick price swings, especially if the token tests important support zones.

Backtest Hypothesis

A backtesting

has been created to test how well a technical trading strategy based on these indicators performs. The hypothesis suggests entering a long trade when the RSI climbs above 50 and the MACD line crosses above its signal line, with positions closed if the RSI falls below 50 or the price drops under the 50-period moving average. The goal of this strategy is to ride the trend during periods of strong momentum while minimizing risk if the market reverses. It is designed for highly liquid markets and works best with assets that display clear directional trends, such as PUMP during its recent rally.