PEPE's price has declined by 4.81% over the past 24 hours, currently trading around $0.00000490. The daily price range has fluctuated between $0.000004847 and $0.000005314, indicating some intraday volatility.
PEPE initially dipped to around $0.000004849 before surging sharply past $0.0000053 in the early hours. After reaching this peak, the price entered a gradual decline, experiencing minor fluctuations, and settled near $0.000004921. Overall, the token displayed a short-term recovery followed by a downward correction, signaling cautious trading sentiment.
PEPE Price Signals Strong Upside Toward $0.00001
Recent data shows that PEPE has hit the projected target with precision, confirming the validity of the prior setup and signaling the end of the corrective phase. From the chart, price bounced strongly from the $0.0000040–$0.0000042 demand zone and is now trading around $0.0000053. This move reclaimed key short-term moving averages and pushed price back into the mid-band of the Gaussian channel, a technical shift that typically marks the transition from bearish control to trend expansion. The formation of a higher low after months of downside pressure strengthens the bullish case.
Structurally, this looks like the early stage of a longer impulsive wave. The recent pullback is shallow and holding above $0.0000048 support, showing strength rather than exhaustion. With momentum building and limited resistance until the $0.0000075–$0.0000080 zone, a breakout continuation puts the psychological $0.00001 level firmly in play this cycle. If volume expands on the next push, this move has the setup of a sustained upside wave, not a short-term relief rally. PEPE is positioning for a decisive break above $0.00001.
PEPE Holds Weekly Breakout, Eyes Next Leg Higher
From a weekly perspective, PEPE has completed a clean breakout above its long-term descending trendline, followed by a successful retest around the $0.0000055–$0.0000060 zone. Price is holding above both the broken trendline and the key weekly moving average, confirming former resistance as support. The initial breakout move pushed PEPE from roughly $0.0000035 to above $0.0000060, delivering more than 70% gains and validating the strength of the bullish shift. This type of structure typically signals a transition from a corrective phase into a new expansion cycle.
At current levels, PEPE is consolidating just above support near $0.0000055, which suggests accumulation rather than weakness. If this base continues to hold, the next weekly leg higher could accelerate quickly, with upside targets opening toward the $0.0000100 area and potentially beyond if momentum expands. From LongTerm analyst perspective, this is the kind of setup that often leads to an outsized continuation move, especially after a confirmed breakout, retest, and higher low on the weekly timeframe.
