🐸 $PEPE Price Analysis: Dead Cat Bounce or 100% Surge Next?

📈 As Bitcoin rebounds, speculative trading is ramping up across memecoins like Pepe (PEPE). With altseason expectations rising, Open Interest has surged from $91B to $120B since April 9 — signaling renewed risk appetite.

📉 Pepe has seen declining selling pressure in recent weeks. A bullish monthly close is on the table if PEPE holds above $0.00000784. Strong support at $0.0000057 has formed, and RSI is showing bullish divergence alongside a double bottom pattern.

📊 The daily MACD has flipped positive, confirming renewed bullish momentum. A close above key levels could trigger a breakout rally toward new highs.

💸 According to IntoTheBlock, PEPE saw $430M in large transaction volume over the past 7 days. With a $3.7B FDV and $450M in daily trading volume, PEPE maintains strong correlation with BTC — making it well-positioned for upside if Bitcoin enters a parabolic phase.

🚀 If current momentum holds, PEPE could be setting up for a major rally, possibly toward a new ATH in the months ahead.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.