- PEPE is holding key support at $0.0000099 after a breakout—watch that level closely.
- Volume’s up 135% and outflows suggest holders are accumulating, not dumping.
- If the breakout sticks, price targets stretch toward $0.0000154—or higher if hype takes over.
After jumping 17% this past week, PEPE—the third-biggest meme coin in the market—is turning some serious heads. Just on June 30 alone, it pumped another 7%, snapping out of what’s been a pretty painful downtrend. That breakout? Yeah, it might mean more upside is on the table.
But let’s not get ahead of ourselves. The reversal hasn’t been fully locked in just yet. Price action is still pretty jumpy, and we’ve seen rallies like this lose steam before.
Right now, PEPE’s trading near $0.00001034. Over the past few days, it’s not just the price that’s climbing—volume’s absolutely exploded. In fact, trading activity is up 135% in a week. That kind of action? Usually signals momentum’s building fast.
Holding or Faking It? Key Levels Say a Lot
According to AMBCrypto’s analysis, PEPE looks bullish on the daily chart. It just broke out of a falling wedge—one of those classic patterns traders love to watch for breakouts. Even better, the price closed a candle above that wedge, which tends to confirm the move.
As of now, the price is chilling around $0.0000099—a local support zone that’s acting like a pressure valve. If this level holds, there’s a real shot PEPE could rip up toward $0.0000154. That’d be over 50% gains from here.
But… if this support breaks down? That wedge breakout could turn into a fakeout, and we might see price take a hit.
RSI’s sitting at 45—not quite oversold, not overbought either. Basically, it’s neutral territory. Which means the next move could go either way, depending on volume and sentiment.
Analysts Turn Mega-Bullish, Some Even Call a 13,000% Move
PEPE’s momentum isn’t just showing up on the charts. Analysts are chiming in too. One well-followed trader recently claimed PEPE’s trajectory is setting up for another big run. Meanwhile, someone else on X went full send and predicted a 13,000% pump in the “coming days.”
Too wild to take seriously? Maybe. But those kinds of posts have been getting tons of engagement, which tells you one thing—people are watching this closely.
Exchange Outflows Spike—Is Accumulation Kicking In?
Another bullish clue? Big-time outflows. According to Coinglass, exchanges saw around $5.6 million worth of PEPE leave trading platforms recently. That’s not small.
When coins move off exchanges, it usually means folks are planning to hold, not sell. That kind of accumulation can crank up buying pressure—especially if supply on exchanges keeps drying up.
So yeah, between technical strength, analyst buzz, and exchange outflows… this thing might just be gearing up for its next leg.
