After several days of suppressed momentum, the price of $PUMP has staged a sharp rebound, gaining over 25% in under 24 hours. The token has gained more than 25% in less than 24 hours. As of July 31, 2025, $PUMP /USDT traded at $0.00314. At this value, it is up 15.63% on the day. It follows that the token had been in a consistent downtrend since mid-July. The 4-hour chart depicts a clean breakout upon a downtrend line which could be indicative of a change in the short-term market trend.