PEPE Meme Coin Showing Strong Signs of Imminent Breakout

As the broader crypto market turns green again, meme coins such as PEPE are starting to gain momentum, with growing anticipation of significant breakouts. PEPE, in particular, has been displaying bullish signals for some time, driven by increasing momentum and a passionate community backing the token. According to a crypto analyst, these factors could trigger the next wave of substantial double-digit rallies for PEPE.

Technical Analysis Points to a Bullish Trend Reversal

The analysis highlights that PEPE has already begun forming a falling channel pattern on its price chart—a formation historically associated with bullish reversals. Although the price has yet to break out completely and still faces selling pressure, this pattern suggests a potential shift toward an upward trend.

The analyst predicts that once the trend reversal solidifies, PEPE’s price could nearly double from current levels. However, this rally would require a significant surge in trading volume to sustain the upward momentum, as increased volume tends to reinforce price advances.

Price Targets and Market Sentiment

Based on current projections, PEPE could climb to approximately $0.000022, representing a 75% increase from its present price. While this remains below its all-time high of $0.000028, it would mark a positive step forward, particularly as renewed meme coin enthusiasm builds following the Pump.Fun presale sellout.

Investor interest appears to be growing alongside this hype, evidenced by substantial liquidity and consistently high daily trading volumes. The coin’s volatility continues to attract swing traders eager to capitalize on price swings, adding further fuel to its momentum.

Support Levels and Key Confirmation Signals

Since the market recovery began, PEPE has established support just above $0.00001. Maintaining this support is crucial for the altcoin’s bullish outlook. The next critical phase involves completing a retest and confirming a breakout from the falling channel pattern, which should then propel the price upward.

The analyst advises traders to closely monitor breakout levels and spikes in trading volume, as these will serve as vital confirmation signals for PEPE’s next significant move.