#BinanceAlpha$1.7MRewardWhat does the technical outlook suggest?

Despite the recent dip, PEPE still maintained its structure above the mid-Bollinger band, which sat around $0.00001076 at press time. The price faced rejection near the $0.00001554 resistance and has since pulled back.

However, the MACD was approaching a neutral crossover zone, hinting that bearish momentum could slow. The broader uptrend that started in early April will remain intact unless key support at $0.00001027 fails.

Therefore, the recent correction may serve as a healthy consolidation phase rather than a full reversal. Momentum traders may look for strength above $0.00001300 to re-enter bullish positions.Is PEPE gearing up for a fresh leg up?

The recent whale accumulation, rising high-value transactions, and mild uptick in social interest suggest growing confidence in PEPE’s outlook.

However, caution is warranted as the NVT ratio and liquidation heatmap signal possible volatility.

Therefore, PEPE may be entering an accumulation phase, but a breakout depends on whether price gains attract stronger network activity and broader.