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BlockNews
Home CRYPTO

PEPE Defends Key Trendline — Is a Big Breakout Brewing?

by Drop Gorn
April 29, 2025
in CRYPTO, FINANCE, MEMECOINS, OPINION
Reading Time: 3 mins read
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  • PEPE is showing strong bullish momentum, consistently bouncing off a rising trendline and gaining support from growing MACD strength.
  • The key resistance to watch is the 100 EMA — a clean breakout above it could trigger a rally toward $0.00001152, with further targets at $0.00001313 and $0.00001731.
  • Technical signals are aligning, and if bulls maintain control, PEPE could be setting up for a major breakout in the near term.

It’s not every day you see a trendline hold up this cleanly, but PEPE seems to be doing just that. According to a fresh post by UniChartz on X, PEPE’s rising trendline has been absolutely rock-solid, showing strong, consistent buyer support every time the price tests lower levels.

Multiple clean touches along the trendline? Check. Buyers stepping in right when they’re supposed to? Yep. It’s the kind of setup you usually see when an asset’s in a genuine, sustainable uptrend — not just another random pop.

Bulls Hold the Line — Why This Matters

UniChartz pointed out that PEPE recently bounced again off that rising trendline, just barely above a key horizontal support zone. Basically, it’s another loud signal that bulls are serious about defending these levels.

Adding to the good vibes, the MACD indicator is now starting to flip positive — and that’s not something you wanna ignore. A strong MACD crossover has a way of sparking bigger rallies once momentum picks up, and right now, that’s exactly the kind of signal flashing on PEPE’s charts.

PEPE’s now pushing toward its 100 EMA, which has been a stubborn ceiling in the past. But if bulls can break through cleanly this time? It could unlock a lot more room to run.

$PEPE is respecting a rising trendline beautifully, with multiple successful touches (highlighted in yellow), showing strong underlying support.

The price recently bounced again from this trendline, right above a key horizontal support zone. Additionally, the MACD indicator is… pic.twitter.com/ITJQB5cWiE

— UniChartz (@UniChartz) April 27, 2025

The Next Big Targets for PEPE

Here’s where it gets really interesting:

If PEPE can punch above the 100 EMA, the next big zone to watch is around $0.00001152. That’s been a major hurdle before — and a successful breakout would seriously open the floodgates.

From there, if momentum stays hot, the bulls could start aiming for the $0.00001313 and eventually even $0.00001731levels. These targets are based on past price action and Fibonacci retracements, so they’re not just random numbers — they matter.

With the rising trendline still intact, MACD flipping bullish, and strong reactions off support zones, PEPE is setting up for a potential breakout that could shift the entire trend higher.

Final Thoughts

It’s simple: as long as PEPE keeps honoring that rising trendline and builds enough strength to clear the 100 EMA, there’s a real shot at another explosive move. If buyers stay aggressive and the technicals keep improving, this could be just the start of a bigger rally.

But hey — it’s crypto. Gotta stay flexible.

Tags: $pepeMemecoinPEPEUnichartzX
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