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PEPE - Technical Analysis

Published: May 8, 2025
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Pepe ($PEPE) is building on a double bottom structure formed in March and April, with a strong rebound from key support. Momentum has picked up after a 20% bounce, keeping bulls in control for now.

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Next Support: $0.0000085

Next Resistance: $0.0000097

Direction: Bullish

Upside Target: $0.0000107

Downside Target: $0.0000077

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Cryptonary's Take

PEPE seems to have carved out a double bottom across March and April, with a strong reaction from $0.0000077 after a failed breakout above the neckline. The recent 20% move from that support zone shows renewed strength and could signal another breakout attempt soon. As long as $0.0000085 holds, the structure remains bullish for continuation toward the $0.0000107 target.

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