🐸 $PEPE Eyes a 45% Rebound as Buyers Take Control
PEPE is entering a clear decision phase as price stabilizes above a key demand zone. Downside momentum has faded near structural support, and the market has shifted into a tight consolidation range, signaling accumulation rather than distribution.
This pause follows a notable change in participation, with price now pressing beneath a well-defined resistance band. At this stage, structure—not sentiment—is driving the next move.
🔸 PEPE Price Action & Outlook
PEPE is showing signs of a recovery transitioning into continuation, supported by a developing Cup-and-Handle breakout structure. Price is currently hovering around $0.00000499, rebounding cleanly from the $0.00000494 support area.
That level marks the base of a rounded accumulation structure, formed as selling pressure gradually weakened. Price respected this foundation and began shaping the right side of the cup—evidence of demand absorbing supply without chasing momentum.
The subsequent pullback formed a shallow handle, with volatility compressing while price held above support. RSI stabilized in the mid -40s before turning higher alongside price, signaling momentum improvement without exhaustion.
This alignment points to stability, not fatigue, keeping price supported through consolidation. A sustained move above $0.00000547 would confirm continuation toward $0.00000600, a former supply zone.
Acceptance above that area opens the path to $0.00000717, completing a measured ~45% rebound.
Failure to hold $0.00000494 would invalidate the accumulation structure and weaken the bullish outlook.
