Pump prices traded at nearly $0.0062 at press on September 12th, up almost 6% over the past 24 hours. Weekly profits are 42.7%, with tokens at $0.0068, a record high of under 7%. Although the rally looks strong, early signs suggest that movement may cool down before pushing higher.
These signals do not refer to a complete reversal. Instead, they suggest a short breather. This is a pause where you can prepare the ground for a new breakout to new highs.
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It’s a sign of fatigue, but the bull still holds control
Since September 8th, Pump’s latest upward legs have been running strong. However, momentum indicators indicate that meetings may be slower before continuing.
Money flow index (MFI) is a momentum tool that blends both prices and trading volumes. As the MFI climbs, it means a strong influx supports the rally. Even if the token price is still rising, if it drops or flattens out, it indicates that money is not entering the market that quickly.
That’s exactly what happened here. The MFI has dropped and flattened in the past two daily sessions as part of the latest leg that began on and after September 8th as the price of the pump kept pushing high.
This difference often shows that instead of chasing higher prices, new buyers are waiting for a better entry level. The result is usually a pause or a small pullback, not a collapse.
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Despite the slowing momentum, Bull Bear’s power indicator, which compares the strength of buyers and sellers, remains leaning in the buyer’s favor, with the green pillar still dominating the chart.
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The size of these pillars indicates that the buyer holds significant control. This means that the Bulls continue to drive the market structure, despite momentum metrics like MFI suggesting that rally could be suspended.
The breakout setup for pump price remains intact, but one metric suggests a pause first
The broader price structure supports a wider bullish outlook. On the 4-hour chart, pump.fun trades within rising channels. This usually breaks upwards. The setup shows another high space on the legs, but the short-term signal suggests that this movement can take a breather first.
Relative Strength Index (RSI) helps to explain why. RSI measures the speed and scale of recent price changes to indicate whether assets are being over-acquired or sold.
Pump prices have risen high since September 10th, but RSI has reached highs. This is called bearish divergence. In short time frames such as 4-hour charts, this usually indicates pullback or sideways movement rather than a complete inversion. Essentially, it shows that momentum is lagging behind prices.
If such a pullback occurs, the support zones are close to $0.0059 and $0.0057. Holding these levels will reset momentum and cancel divergence.
However, when the pump clears a clean 4-hour candle that exceeds $0.0064, momentum is confirmed again, paving the way for a retest of its all-time high at $0.0068. Post it and the main target will sit at the price discovery zone, at around $0.0071 and potentially at $0.0083
