Pump.fun (PUMP) has jumped by 11% in the past 7 days as DEX volumes have surged in July. Based on the latest price action, a break of a key resistance could result in a 60% upside potential for this token. According to DeFi Llama, DEX volumes broke a 3-month downtrend in July as they rose by 14% compared to the previous month. Pump.fun DEX Volumes and Fees – Source: DeFiLlamaIn addition, Pump.fun's fees increased by nearly 23% compared to June, rising to $82 million. Our target in that scenario would be the $0.0032 area, meaning a 60% upside potential for PUMP.