PUMP saw a 6779.21% increase over the past year despite experiencing volatility and temporary declines

On September 15, 2025, PUMP experienced a dramatic 578.7% plunge in just 24 hours, bottoming out at $0.007563. Despite this, PUMP soared by 6779.21% over the last week, and posted identical gains over the past month and year.

After this extreme one-day crash, PUMP bounced back with remarkable strength throughout the following week, month, and year. This swift turnaround underscores the asset’s substantial volatility, with weekly gains alone surpassing 6,700%. The continued upward trajectory over both the monthly and yearly periods signals persistent bullish sentiment. Market analysts have recognized this trend but have refrained from making future predictions, stressing the necessity of monitoring the asset’s movement against major benchmarks.

The abrupt decline was immediately followed by a powerful rally that surprised many market watchers. Although the initial 24-hour loss was significant, the quick recovery points to robust buying activity and implies the drop may have encouraged accumulation in the short term. This price action is consistent with patterns often seen in highly volatile markets, where sharp declines can precede strong rebounds. The data illustrates how rapidly sentiment around the asset can shift from negative to positive.

The intense price swings and quick recovery have reignited interest in the asset’s technical performance. Both traders and analysts are now carefully tracking key signals, such as moving averages and RSI, to assess whether this recent momentum can continue. No clear consolidation has developed yet, leaving the market uncertain. While the dramatic 24-hour movement has created some doubt, the subsequent gains have eased concerns of a prolonged downturn.

Technical indicators currently imply that the asset is retesting prior resistance levels. After its sharp rebound, the RSI has reached overbought territory, suggesting the latest surge could prompt some to take profits. Still, the 50-day and 200-day moving averages remain in a bullish setup, supporting the notion that the long-term uptrend is unbroken. These technical cues are now central in evaluating possible future price action.

Backtesting Hypothesis

A suggested backtesting approach utilizes the asset’s high volatility and momentum by initiating long positions after a 24-hour plunge exceeding 500%, then exiting once the RSI moves above 70. The premise is that such steep drops are often followed by rebounds, while an overbought RSI may precede a reversal. Historical instances of similar price action are used to test this method’s effectiveness, potentially providing a systematic way to navigate extreme price movements.