PEPE Coin Market Analysis – Breakout Imminent?
PEPE, one of the top Ethereum-based meme coins, is closely following Ethereum's momentum. As Ethereum targets the $2,800 mark, PEPE is showing strong upside potential with increasing trading volume and market interest.
Current Status:
Market Cap: ~$6 Billion
24h Volume: ~$2 Billion
Price Action: Testing key resistance at 1521
Technical Outlook:
PEPE is consolidating near a make-or-break resistance level at 1521.
A clean break and close above 1521 could ignite a major rally.
If successful, upside targets include:
Short-term target: 1720
Mid-term target: 1860
Long-term extension target: 2400+
Entry Strategy:
Entry Point (on breakout): 1530+
Stop Loss: 1450 (below breakout retest zone)
Targets:
TP1: 1720
TP2: 1860
TP3: 2400 (extended target if momentum continues)
Macro View:
Bullish. Strong ETH movement and meme coin hype are pushing PEPE. A breakout could bring +20% to +50% upside.
Caution:
Always confirm breakout with volume and close. Perform your own due diligence before investing.