Will PEPE Explode Past Resistance? Why Traders Are Eyeing a Double-Digit Breakout 

Pepe hinges on a potential major bullish move—a double-digit breakout could push it back into the “best crypto to buy” conversation.

The sell-off imposed by recent economic uncertainty—recession fears bolstered by Trump’s planned “tariff war” escalations—appears to have been priced in.

The days since have seen a “buy-the-dip” event unfold, boosting the meme coin to a $0.0000078 peak, though momentum has reigned in today with a 1.79% decline.

Coinglass data shows that Pepe’s long/short ratio hit one of its highest points over the past month at 1.04, before slipping to 0.99 today.

A ratio above 1 reflects bullish sentiment, as more traders bet on price increases.

The rise and subsequent fall coincide with a potential rejection at the multi-month resistance trendline—mirroring past failed attempts.

Still, Pepe nears a potential confluence zone where this resistance meets a long-term support level that has guided lows since mid-2024.

If this level holds, PEPE could retest the resistance—part of a falling wedge pattern that guided price movements since early December.

This scenario remains credible, as the MACD evades a potential death cross, holding strong in its position above the signal line with dominant buying pressure.

The Relative Strength Index (RSI) is also favorable, trending upward toward a neutral 50 after being stuck in a sideways trend near the oversold threshold since early February.

A pattern breakout targets highs of $0.00002, marking a 175% gain from current levels.

However, a retest of April’s highs at $0.000015—a 55% gain—seems more realistic in the short term given the bearish market backdrop.

It should be noted that while signals lean bullish, they remain weak. A breakout will likely require stronger buying pressure.

While sentiment is improving, the market remains weighed down by FUD from recent economic uncertainties—few coins are catching tailwinds.

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Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.

At the time of writing, MIND has raised over $7.8 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.

You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.

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