📰 Recent News Highlights

Trading above forecasts: As of June 30, PEPE trades ~28.9% above CoinCodex’s July 5 price prediction of $0.000008, currently at ~$0.000010. Sentiment remains mildly bearish, though a “Greed” index suggests bullish interest.

Flash‑crash and rebound potential: PEPE suffered a sudden dip (~15% in June) but could recover, especially if Ethereum-based meme coins gain momentum. MACD signals have turned constructive.

Crucial support zone: PEPE is hovering near key support. If it breaks past Ethereum-based meme rallying, it could rebound in July; otherwise, momentum may taper without notable news flow

📊 Market & Technical Trends

Bearish but oversold: Technical indicators show a ~40% drop from mid‑May 2025 highs. Some long‑term models anticipate a 17% dip into early July ($0.0000076–$0.0000085 range).

Chart pattern setup: Analysts note a falling wedge and potential Elliott-wave count suggesting July or Q3 could spark a bullish impulsive move toward $0.000016–$0.000028.

Volatility remains high: PEPE remains one of the most volatile memecoins—monthly volatility around 11%—with mixed sentiment but strong community support .

🔮 Price Outlook & Scenarios

Scenario Outlook

Base case Pullback toward $0.000008 in early July, then likely range-bound or slight rebound.

Bullish case Break above $0.000011–$0.000012; rally toward $0.000016–$0.000028 if broad altcoin sentiment improves.

Bearish case Fails to hold support → deeper correction toward sub‑$0.0000068 levels .

🔥 Meme‑coin Market Context

Bitcoin dominance (~64%) hints at an upcoming “meme alt season.” Investors are eyeing meme coins like Little Pepe (LILPEPE), Bonk, and Dogwifhat.

PEPE’s position as a legacy meme coin with active whales and developer interest gives it resilience compared to newer entrants. However, LILPEPE’s innovative Layer‑2 design is attracting attention and capital.#PEPE‏