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— Is a Comeback of Meme Coins Brewing?

Users reported seeing a veiled allusion to the meme coin Pepe.

PEPE rose 5% in the following three hours before dropping 15%. Traders are waiting to see if this social effort can replicate what Elon Musk did with Dogecoin.

Changes in Pepe's Price

The momentum shift of the meme coin shows how quickly things can change. A tweet or brief post can drive prices up, while a bit of selling can bring them down.

particularly for PEPE fans.

Chart watchers say that PEPE is developing a cup and handle pattern that started five months ago. Some believe the coin could reach $0.000026—the double of its current level—if it breaks above the handle.

The Fibonacci retracement level of 0.618 at $0.00001 could bounce. Markets will target $0.000008 if that level breaks.

Documents from the U.S. International Trade Court show that the court overturned Trump’s tariff suspensions around PEPE's peak. This seems to have moderated the market's risk-taking.

Many traders value trade news more than tweets. Traders sell meme coins if they fear tariffs and slower growth. The social buzz and market anxiety pushed PEPE down after its brief rise.

This combination of social buzz and chart signals suggests that PEPE will need more than a post suggestion to take off. By mid-June, the coin could reach $0.000026 if it breaks resistance.

But the MACD and RSI trending down suggest more selling first. The level of 0.618 at $0.00001 could indicate a bounce for traders. If that level breaks, they might attempt $0.000008.

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