• PEPE is building momentum after forming a rounded bottom which shows signs of a coming price reversal.

  • The price may bounce from 0.00000941 and target 0.00001872 if it confirms the breakout above resistance.

  • Clear support at 0.00000773 and a strong chart setup give bulls room to push toward 0.00002745 soon.

$PEPE is currently showing signs of a powerful bullish reversal, forming a textbook rounded bottom pattern after a major correction. Traders and analysts are closely watching the current resistance level, as the price of $PEPE/USDT attempts to break through and hold for a sustained rally. According to the latest weekly analysis, the price could reach critical targets at 0.00001872 and 0.00002745 if momentum builds.

Source: X Rounded Bottom Indicates Strong Potential

A rounded bottom formation has emerged clearly on the weekly chart, suggesting a long-term accumulation phase has ended. This classic technical pattern often signals a bullish reversal after prolonged price weakness.

Historically, rounded bottoms lead to upward movements once the neckline or resistance is broken. In $PEPE's case, that zone lies just under the 0.00001533 level. A breakout above this could mark a major shift in market sentiment.

The pattern aligns with previous price action that saw sharp drops followed by strong recoveries. Such symmetry often increases confidence in bullish continuation. The formation suggests a reversal structure that may lead to higher highs through 2025.

Key Levels and Entry Zones Explained

Current price action has brought $PEPE/USDT to a crucial resistance zone. If the pair breaks and retests this level successfully, bullish continuation may follow. The resistance lies near 0.00001533, and a confirmed retest above this would signal a continuation toward 0.00001872 and possibly 0.00002745.

According to the chart, the ideal long entry could occur around the 0.618 Fibonacci retracement level, estimated at approximately 0.00000941. This level represents a common zone where price often finds support during bullish retracements.

Traders are advised to monitor this range carefully. If the price retraces and holds at this level, long entries may become valid. In this setup, maintaining strong support above 0.00000773 (the 0.786 Fib level) is crucial for the bullish outlook to remain intact.

Momentum or Mirage?

The crucial question now remains: Will $PEPE hold above resistance and trigger the full rounded bottom breakout? Social sentiment continues to show interest, with over 3.7K views and growing attention on technical platforms. Community traders have pointed out the importance of sustained support and Fibonacci levels to confirm the breakout scenario.

The risk-to-reward ratio appears attractive for technical traders. The lower support zone is clearly defined around 0.00000566, giving a solid base for structured trades. Targets T1 and T2—set at 0.00001872 and 0.00002745 respectively—present compelling upside potential. If momentum holds, reaching these figures by 2026 could align with typical post-rounded bottom price projections.

Technical structures, Fibonacci confirmations, and clear resistance testing offer a high-probability setup. However, continued validation depends on price reaction near the neckline zone. Traders eyeing entry are watching for a retest of the highlighted zone, as a rejection could delay the bullish thesis. With defined support zones and measured retracement levels, the technical landscape remains poised for action.