The PEPE price today is trading around $0.00001412, up nearly 3.8% in the last 24 hours, as bulls regain strength following a successful breakout from a key descending trendline. The meme token has shown renewed volatility after reclaiming multiple support levels and is now targeting the next resistance confluence near $0.00001576. Traders are closely watching the structure for continuation or early exhaustion as speculative interest returns.
The recent PEPE price action reflects growing optimism in the memecoin space, with the coin staging a bounce from its $0.00001332 support and climbing past short-term moving averages. Whether this momentum sustains through May 28 may define the broader short-term trend.
What’s Happening With PEPE’s Price?
On the 4-hour chart, PEPE price has broken above a falling wedge pattern that previously capped price gains for nearly a week. The breakout was confirmed on May 27 with a decisive move above $0.00001384, flipping the previous resistance into intraday support. The current structure points toward a retest of the horizontal resistance at $0.00001576, where multiple supply zones an…
The post PEPE Price Prediction for May 28: Bulls Reclaim Momentum Toward $0.00001576 as Key Breakout Holds appeared first on Coin Edition.
