I’m watching PEPE closely — meme magic might return 💥

$PEPE Coin Showing Bullish Signals – Is a Breakout Coming?

The meme coin $PEPE has shown strong recovery on the 15-minute chart. After bottoming out at 0.00000975 USDT, it has steadily moved up, currently trading around 0.00001041 USDT, marking a +2.26% gain in the last 24 hours.

Technical Outlook:

Price is trading above key moving averages (MA 7, 25, and 99), indicating bullish momentum.

RSI(6) is near 69, approaching the overbought zone – suggesting strong buying pressure but also signaling caution for late entries.

The chart shows consolidation near the recent high of 0.00001049, which may act as resistance.

A breakout above this level could push PEPE into a new short-term rally.

Volume & Sentiment:

24h volume (PEPE): 17.91T, showing strong market participation.

Volume spike near the bottom indicates potential accumulation.

Conclusion: PEPE is showing healthy signs of short-term bullish momentum. A break above 0.00001049 could confirm a breakout. However, traders should watch RSI and support levels around 0.00001022 for possible pullbacks.