PEPE Price Analysis: Bulls Push Toward $0.000011

The meme coin market is heating up again, and PEPE has taken center stage. After bouncing strongly from support, the token is showing renewed momentum and giving traders a reason to believe in a potential push higher.

PEPE Reclaims Momentum

As highlighted by trader Anasta, PEPE has reclaimed the $0.00000980 support zone, turning it into a base for the latest move higher.

The coin is currently trading at $0.00001028, reflecting a 4.47% gain in the past 24 hours, as buyers strengthen their position.

Chart Analysis: Bulls in Control

The 4-hour PEPE/USDT chart confirms bullish signals. Price action shows PEPE surged from $0.00000982 to a high of $0.00001043, demonstrating solid breakout momentum. Key support remains at $0.00000980, while resistance is tightening in the $0.00001050–0.00001100 range. The rally comes with strong trading activity, reinforcing bullish sentiment, and a series of higher highs and higher lows confirms that bulls are maintaining control.

Market Drivers

The rally appears fueled by increased trading activity across meme coins, boosting overall sentiment. Community-driven momentum remains a core driver of PEPE's volatility, while the technical breakout after successfully defending the $0.00000980 level has attracted short-term traders looking for quick gains.

PEPE2.06%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)