Midnight, Pump.fun, Stacks Hit Resistance After Strong Gains

Three altcoins that performed well in the first week of October — Midnight (NIGHT), Pump.fun (PUMP), and Stacks (STX) — saw gains ranging from 21% to 69% over the past seven days.

All three runs have now encountered significant resistance levels on the daily chart. The outcome — whether they break through or get turned away — could determine the next direction.

Midnight (NIGHT) sees rejection below $0.055 resistance

Over the last week, NIGHT climbed 68.5% and has rallied approximately 200% since its July trough. The rally came weeks after Midnight's pivot from developers to builders.

The price touched the $0.052–$0.055 supply area, a zone that had limited gains back in March. Sellers quickly intervened, knocking NIGHT to $0.0451, a 7.6% drop in the last day.

The RSI has eased from above 85 but is still overbought at around 75. Volume during the breakout was notably lower than in March, indicating weak conviction.

If NIGHT closes a daily candle above $0.0466 — the 0.786 Fibonacci retracement — it could set up a move back to $0.055. On the downside, a break below $0.040 support might lead to declines toward $0.035 and then $0.030.

Pump.fun (PUMP) maintains position above $0.0060

PUMP rose 27.3% over the current week, continuing a surge of about 457% from its mid-2026 bottom. The token's ongoing buyback program has maintained attention on the project.

The price cracked the $0.0050–$0.0054 range, an area that turned PUMP back in late August. Currently, it stands at $0.00646, slightly above the 0.618 Fibonacci level of $0.0060.

The RSI is near 70, but it has formed a lower peak compared to August even as price made a higher peak, signaling a potential bearish divergence.

If $0.0060 holds as support, PUMP could advance to the $0.0071–$0.0075 resistance area and eventually $0.0090. A daily close beneath $0.0060 might prompt a retest of the $0.0050–$0.0054 zone.

Stacks (STX) tests breakout level at $0.40

STX increased 20.9% over the past week and approximately 237% from its August low around $0.118. Binance placed STX under its Monitoring Tag in July, prior to the recovery.

Currently at $0.3965, the token is pushing into the $0.381–$0.396 area that limited gains in January. Volume backs the rally, showing notable spikes during the August turnaround and the early October advance.

The RSI remains around 70, but like PUMP, it has a lower high relative to August.

Closing a daily candle above $0.40 could pave the way to $0.4528, the November 2025 peak. On the other hand, falling below $0.381 would indicate a breakout failure, making $0.325–$0.341 and then $0.285 likely targets.

Among the trio, STX is the only one currently attempting a breakout, while NIGHT deals with a recent rejection.