Pump.fun (PUMP) is currently trading at $0.00423406, reflecting a notable decline of 9.94% over the past 24 hours. The price has fluctuated within a daily range of $0.00403868 to $0.00470757, indicating volatility in the market.

The trading volume for PUMP stands at 386,316,724, which represents 15.42% of its market cap, suggesting a healthy level of activity despite the recent price drop. The hourly moving averages indicate a bearish trend, with most short-term SMAs showing losses, while the 144 SMA reveals a slight recovery of 4.14%.

Technical indicators present a mixed picture; the 1-hour RSI is at 44, signaling a near-neutral momentum, while the 7-day RSI is slightly higher at 51, indicating potential stability. Over the last week, the price has appreciated by 8.77%, yet the 14-day price change shows a decline of 10.14%, reflecting recent bearish sentiment.

Historically, PUMP reached an all-time high of $0.00881908 in September 2025, suggesting significant potential for recovery, but current performance metrics point to uncertainty. The 30-day price change of 0.25% indicates a relatively stable performance over a longer period, which could attract investors looking for undervalued assets.

Considering the recent price action, the bearish indicators, and mixed RSI readings, the outlook for PUMP is cautious. A Buy/Hold/Sell rating of "Hold" is recommended at this time, as the cryptocurrency may need to stabilize before demonstrating clear upward momentum, particularly given the recent high volatility and short-term bearish trends.