• PNUT eyes rebound as price hovers near key support and Z-score suggests undervaluation, signaling a possible return of momentum.

  • PEPE’s low volatility and narrowing price channel hint at a breakout opportunity if meme coin sentiment strengthens.

  • ATOM trades 32% below recent highs with a -1.35 Z-score, placing it on analysts’ radar for a potential mid-term reversal.

As cryptocurrency markets navigate a period of correction and consolidation, select altcoins are emerging as potential candidates for significant upside in 2025. Analysts are assessing technical patterns, valuation indicators, and historical volatility to identify assets with high-return potential. Among the tokens gaining attention are PNUT, PEPE, and ATOM, each exhibiting traits that could support explosive gains if broader conditions shift favorably.

PNUT: Volatility and Rebound Setup in Play

PNUT experienced a sharp breakout in early May 2025, marking a significant departure from its prior consolidation. The rally pushed the token above key technical benchmarks, including the 7-day, 30-day, 50-day, and 200-day moving averages. This breakout phase corresponded with a notable surge in the Z-score. This metric indicates deviation from historical price averages and is often used to signal overbought or oversold levels.

Despite the initial upward momentum, PNUT’s price failed to sustain its gains and entered a declining pattern. As of June 23, 2025, the token is trading near $0.211 and remains below its 7-day, 30-day, and 50-day moving averages. The 200-day moving average, now near $0.223, has shifted into a support zone. A current Z-score of -0.2 points to mild undervaluation, reflecting a reduction in momentum but not yet signaling capitulation. Traders are watching for a potential breakout above the 50-day MA, which could indicate renewed interest in the asset.

PEPE: Consolidation Signals Possible Return of Momentum

The PEPE token chart highlights a period of rapid appreciation during early May, followed by a gradual price decline extending into late June. After reaching highs in mid-May, the token began forming a consistent pattern of lower highs and lower lows, signaling a cooling phase. As of the latest data, the price is stabilizing around the 0.00000088 level, a region that has acted as short-term support.

Analysts are noting the compression of price movement within a tight range, accompanied by visible step-line indicators—likely representing Donchian Channels. These indicators suggest reduced volatility and a possible breakout setup if volume returns. Resistance has formed around 0.0000011, aligning with previous support levels and short-term moving average ranges. While downward momentum has dominated in recent weeks, the current structure may provide a foundation for trend reversal should meme coin sentiment regain strength across the market.

ATOM: Undervalued with a Reversal Pattern Forming

ATOM showed a strong rally in early May, briefly reclaiming technical levels before facing sustained selling pressure. After reaching a peak near $5.70, the token began a steady decline. By late June, the price had dropped to approximately $3.84, with the 50-day and 200-day moving averages acting as resistance levels at $4.12 and $4.47, respectively. The price remains below all major moving averages, confirming the prevailing bearish trend.

But the present Z-score of ATOM is -1.35, indicating that the company has been undervalued in the past. A major bull run off the recent lows has prompted market activity to keep a renewed eye on the token. In the event that ATOM rises above its 50-day MA and keeps the price, a possibility of trend reversal may occur. Such an arrangement puts ATOM on the list of assets that have a large upside potential in the event that positive catalysts are set in place and that the market liquidity will facilitate a broader altcoin rotation.

Technical Indicator Highlights Reversal Possibilities

PNUT, PEPE, and ATOM have several technical characteristics common to former high-performing assets before parabolic runs. Among them are sharp reversals off recent peaks, unusually low Z-score readings, and extended ranges around support lines. Although no close rally is yet confirmed, the structural patterns imply conditions that, were speculative interest to recur, would favour more rapid gains.