Over the week, the PEPE price dropped to around $0.0000057 and found strong buying support there. It then moved up quickly to about $0.0000065 and is now moving sideways, which usually means the market is taking a short break. If the price remains above $0.0000062, it may attempt to move higher again toward $0.0000068.
As of today, the PEPE price shows a sharp upward move from around $0.000006, followed by a strong rally that peaked near $0.0000068 before facing selling pressure. After the peak, the asset entered a mild pullback and is now consolidating around the $0.0000066 area, indicating profit-taking rather than a full trend reversal.
At the time of writing, PEPE is trading at $0.00000647, representing a 6.84% increase in the last 24 hours.
PEPE’s price action over the past 24 hours (Source: CoinCodex)
Pepe (PEPE) has completed a weekly breakout followed by a successful retest, reinforcing a potential bullish shift in structure. According to analyst Crypto Candy, the price broke above the descending triangle resistance and then pulled back to retest the former resistance zone around $0.0000059–$0.0000060. This area is holding support, with PEPE currently trading near $0.00000604, indicating that buyers are defending the breakout level.
Source: X
From a technical standpoint, holding above the $0.0000059 support keeps the bullish setup intact on the weekly timeframe. Crypto Candy notes that a sustained move from this base could allow PEPE to target higher resistance levels near $0.0000157 initially, with a broader upside zone extending toward $0.0000280 if momentum and market conditions continue to improve.
PEPE appears positioned for its next leg higher, based on the weekly structure highlighted by analyst 𝐋𝐨𝐧𝐠𝐓𝐞𝐫𝐦. The chart shows price compressing into a falling wedge before breaking out and reclaiming a key long-term support zone around $0.0000058–$0.0000060. This area has historically served as a demand base, and the recent bounce suggests that sellers have been absorbed, setting the stage for renewed upside momentum.
Source: X
From a broader perspective, 𝐋𝐨𝐧𝐠𝐓𝐞𝐫𝐦 points to a potential expansion move similar to prior cycles. With PEPE currently trading near $0.0000064, a sustained hold above support could trigger a strong continuation toward the $0.000028–$0.000030 region, representing a projected move of roughly 600% from the base. The weekly timeframe reinforces the setup, indicating the move is more aligned with a long-term trend shift rather than a short-lived bounce.


