The PUMP token from Pump.fun, launched on Solana in July, first lost nearly 70% of its value but then made a sharp turnaround, rising more than fourfold from its lows. Today it trades around $0.0082 with a market cap of about $2.9 billion, approaching the key resistance at $0.009.

“If you couldn’t handle me at my worst, you don’t deserve me at my best,” is how the story looks for PUMP holders who endured the crash and are now seeing profits.

The rebound was made possible thanks to token buybacks and the introduction of creator rewards, which helped the project regain ground and return to daily revenues of over $1 million.

Still, the technical picture is mixed. The RSI has climbed to 79, signaling overbought conditions and increasing the risk of a pullback to the $0.007–$0.0075 zone. At the same time, the ADX at 44 indicates a strong trend, and the “golden cross” in early September confirms the bullish sentiment.

Despite cautious forecasts of a possible dip in market cap, the token has already secured its status as September’s “comeback king” and rewarded those who kept their diamond hands.