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Top 3 Altcoins to Watch for the Second Week of October

Top 3 Altcoins to Watch for the Second Week of October

Top 3 altcoins of the first week of October. NIGHT, PUMP, and STX test key resistance after double-digit weekly gains. The post Top 3 Altcoins to Watch for the Second Week of October appeared first on BeInCrypto .

Oct 5, 2026 · byBeInCrypto
Pump.fun (PUMP): Correction or the Beginning of the Next Move?

Pump.fun (PUMP): Correction or the Beginning of the Next Move?

The best part of a correction is not catching the exact bottom — it is knowing where the market must prove itself. PUMP is still moving inside a descending corrective channel on the 4H chart. Price has now reached an important support / pullback zone, which makes this area interesting for a possible long setup. But I don't want to chase the first green candle. There are two possible ways to approach this setup: Setup Scenario 1 — Buy the Pullback Price holds the marked support zone around 0.0035–0.0037 and gives us bullish price action, rejection, or a strong confirmation candle. → Possible entry after confirmation → Invalidation: 0.0030 Scenario 2 — Buy the Channel Breakout If price breaks the upper boundary of the descending channel with a strong candle, I would rather wait for a retest and confirmation instead of buying the initial breakout. The breakout would provide stronger confirmation that the correction is losing control. Targets 🎯 Short-Term Target: 0.0050 🎯 Mid-Term Target: 0.0060 The 0.006 target also lines up with the 61.8% Fibonacci level shown on the chart. The important point is that 0.0030 remains the invalidation level. If that level is lost, the current bullish setup needs to be reassessed. Why is Pump.fun interesting fundamentally? Pump.fun is not simply another memecoin. It operates a large token-launch and trading infrastructure on Solana. New tokens begin on a bonding curve, meaning price discovery happens automatically through the protocol rather than through a traditional order book. Once a token reaches the graduation threshold, its liquidity is automatically migrated to PumpSwap. The platform also generates actual protocol revenue from trading activity. For example, Pump.fun's current fee structure includes creator fees, protocol fees and liquidity fees, with the bonding-curve trading fee currently listed at 1.25% total. This is one of the more interesting aspects of the project: More launches → more trading activity → more fees → more protocol revenue. Pump.fun passed 1 billion Dollar in cumulative revenue earlier in 2026, according to data reported by The Block. There is also an important token-economic component. Pump.fun announced a programmatic buyback-and-burn model using 50% of future revenue for buybacks and burns, following a large PUMP burn earlier in 2026. That gives PUMP an economic connection to the activity of the platform that many purely speculative tokens don't have. But this doesn't mean the token automatically goes higher. One important warning Pump.fun's business is heavily dependent on trading activity and speculation around new tokens. That activity can change very quickly. In June 2026, The Block reported that Pump.fun's activity and revenue had fallen sharply from previous highs, with average daily revenue around 800,000 Dollar versus approximately 4.8 million Dollar six months earlier. So when looking at PUMP, I would watch more than just the chart: Platform activity → Trading volume → Revenue → Buybacks/burns → Token supply → Competition There are also newer features such as Holder Rewards and experimental AI-related mechanisms such as Mayhem Mode, showing that Pump.fun is trying to evolve from a simple memecoin launchpad into a broader token-launch ecosystem. That's what makes PUMP interesting to watch — but also what makes it highly sensitive to changes in user activity and market sentiment. My approach I would not chase the current move. The interesting area is the marked pullback/support zone. If buyers defend it → look for confirmation. If the descending channel breaks → wait for the retest. If 0.0030 breaks → the bullish setup is invalidated. The market doesn't owe us a trade. We wait for it to prove the setup. Risk Warning: This is a technical and educational market analysis, not financial advice. PUMP is highly volatile and can experience significant losses. Always define your risk before entering a trade.

Pump.funfavorable
Sep 17, 2026 · byTradingView Ideas
PUMP prive bullish selling ?

PUMP prive bullish selling ?

PUMP price action is currently experiencing a rejection following a strong bullish rally, with the market now entering a potential retracement phase. After a sharp move higher, a pullback can allow price to consolidate and establish a higher low before attempting another leg to the upside. The current support region is therefore an important area to monitor. As long as PUMP continues to hold this support, the broader short-term structure remains constructive and the possibility of a higher low formation stays intact. A successful defence of this level could attract buyers back into the market and create the foundation for a rotational move higher. Confirmation will be important as price tests support. A strong reaction from the zone, followed by improving momentum and increasing volume, would provide greater confidence that buyers are stepping back in. If price can reclaim nearby resistance after forming the higher low, this could further strengthen the continuation structure. On the other hand, a decisive breakdown and sustained acceptance below the current support would weaken the setup and potentially invalidate the higher-low thesis. For now, the key focus remains on whether buyers can defend support. If the level holds, could PUMP be positioning for another rotation toward the upside?

Sep 16, 2026 · byTradingView Ideas