PUMP's recent performance has been quite promising. From a technical perspective, this token shows several strong signals. EMA 7 has already broken through EMA 25 and is also trading above EMA 99. The MACD histogram continues to turn positive and rise, all indicating that there is further upside potential.

The platform side is also increasing efforts. The daily average revenue has recently hit multi-month highs, not only adding the Callouts feature but also launching a fee buyback mechanism. This is not minor tweaks but a substantial ecosystem upgrade that can effectively improve the token's fundamentals. In simple terms, capital is continuously flowing in, and it is quite dispersed—low concentration scores mean it's not just a few big players speculating, but rather broad support from many buyers.

However, to be honest, as a meme token, PUMP inherently carries high risk. Price volatility can be very intense—that's the fate of meme tokens. In the short term, although the overall technical outlook is bullish, resistance at high levels is present, and some short-term indicators already suggest the possibility of a pullback and consolidation. Plus, since such tokens are mainly driven by community hype and speculative rotation, rapid reversals can happen at any time.

Overall, if you are optimistic about the technical outlook and ecosystem progress, the current signals are quite good. But risk management must be in place—this is the game rule for meme tokens—returns and risks are both amplified.