- $PEPE confirms a breakout above $0.000014 with a bullish structure intact.
- The next resistance levels are set at $0.0000178 and $0.000025 with MACD and RSI supporting continuation.
$PEPE has decisively broken out of a multi-week symmetrical triangle, closing several daily candles above the critical resistance level of $0.000014. The price navigation is a confirmation to an upcoming bullish structure and could lead ways for future gains.
Pepe currently trades at $0.0000141, and as shown increased investors’ activities and interest which was reinforced by a significant rise in trading volumes on the breakout, a strategic momentum to HODL and accumulate.
The breakout also coincides with Ethereum’s bullish bias, providing macro-level tailwinds for meme coin rallies, including $PEPE.
MACD, RSI, Momentum All Signal Buy — $PEPE Bulls in Control
Technical indicators across the daily and 4-hour time frames strongly support a bullish continuation. On the daily chart, the MACD has confirmed a bullish crossover as of May 22, with its histogram printing higher bars above the zero line — a classic signal of growing upside momentum.
Meanwhile, $PEPE’s RSI sits at 63, suggesting sustained strength but gradually moving upwards towards an overbought level. This allows for further price values before reaching a correction level.
The volume oscillator remains positive, and confirms that bullish price movement is decided by solid transaction activities and its weight not just by speculations.
$PEPE’s Next Targets
With $0.000014 now serving as a solid support, the path toward higher resistance levels is beginning to open. The immediate resistance lies near $0.00001477 — a level that acted as a rejection zone in early May.
A successful flip of this level could set $PEPE on course to challenge $0.0000178, corresponding to the 50% Fibonacci extension from the previous local high. Also, $0.000025 will be a psychological level for the memecoin.
Although the breakout structure remains intact, a short-term pullback toward key support zones remains possible and even healthy. $PEPE’s immediate support level is at $0.000013. A retest of this area would confirm structural integrity and offer a potential entry point for swing traders.
If selling pressure continues, the next support lies near $0.0000112, which aligns with the 200-day EMA and a historical demand zone. The volume profile between $0.000010 and $0.000013 shows heavy accumulation, suggesting buyers will likely defend this range aggressively.
A clean retest followed by a higher low would further solidify the bullish thesis and build confidence for the next leg up.
However, the technical structure for $PEPE maintains a steady bullish potential following its breakout above $0.000014. So, $PEPE appears well-positioned to test $0.0000178 and potentially reach as high as $0.000025 in the coming sessions or weeks.
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