After weeks of sluggish performance, the meme coin sector appears to be “waking up” again as BONK, FLOKI, and PEPE hold firm at key support levels — hinting at a potential short-term technical rebound.
Investor sentiment across the crypto market is gradually improving. While major assets like Bitcoin and Ethereum remain steady, the meme coin trio — once the catalysts of early-year rallies — are now showing early signs of recovery.
Technical indicators suggest selling pressure is fading, and momentum is shifting upward, signaling the possibility of a short-term bounce ahead.
🔸 BONK rebounds from key support, strengthening bullish signals
Bonk (BONK) has staged an impressive rebound after successfully retesting the 50% Fibonacci retracement level near $0.000013 earlier this week. As of Friday, BONK is trading steadily around $0.000014, showing renewed buyer interest.
If upward momentum continues, BONK could target the 50-day EMA around $0.000018, which coincides with its descending trendline resistance. A daily close above this zone could confirm a stronger bullish reversal, opening the path toward $0.000022.
On the daily chart, RSI sits at 40 and is trending upward, signaling weakening bearish momentum. Meanwhile, MACD formed a bullish crossover on Thursday, supporting the short-term recovery outlook.
If a pullback occurs, the $0.000013 area will likely act as a critical support level to maintain the bullish setup.
🔸 FLOKI stabilizes, eyes breakout above the 50-day EMA
Floki (FLOKI) jumped nearly 19% after finding support around $0.000063, before facing resistance at the 50-day EMA ($0.000084) and retracing slightly. As of Friday, FLOKI remains steady near $0.000073, suggesting consolidation before the next move.
If FLOKI manages to close above the 50-day EMA, bullish momentum could strengthen, paving the way toward the next resistance near $0.00011.
Technically, RSI is recovering from 45 and pointing upward, while MACD recently printed a bullish crossover, both confirming a potential short-term trend reversal.
Should selling pressure reemerge, $0.000063 remains the key support zone for FLOKI in the near term.
🔸 PEPE shows early signs of recovery as momentum builds
Pepe (PEPE) retested the 50% Fibonacci retracement at $0.0000065 midweek and quickly rebounded by nearly 4%. As of now, PEPE is holding firm around $0.0000070, signaling renewed buying demand.
If momentum persists, PEPE could extend its recovery toward resistance at $0.0000079, and potentially test the 50-day EMA near $0.0000087. A decisive close above the EMA may confirm a short-term uptrend formation.
Both RSI and MACD are showing constructive signals — with weakening sell pressure and increasing bullish momentum.
In a bearish scenario, $0.0000065 remains the critical support zone to watch.
🔹 Market outlook: Positive sentiment returns to meme coins
Overall, BONK, FLOKI, and PEPE are showing encouraging signs of stabilization after an extended correction phase.
Momentum indicators are turning bullish, and price structures are holding above crucial support zones. If Bitcoin’s consolidation continues, the “meme coin season” could soon reignite, offering fresh short-term opportunities for risk-tolerant traders.
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