Short-Term Direction (Next Few Days/May 2025):
Bullish Potential: Technical indicators and recent chart patterns (like the inverse head-and-shoulders and breakout above resistance) suggest a possible bullish move if PEPE can hold above key support and break above the 200 EMA (~$0.00001060) or $0.00000970–$0.00001000.
Targets: If momentum continues, PEPE could test $0.00001000–$0.00001150, with some analysts projecting a short-term spike up to $0.00001163 or higher.
Support: Strong support is seen at $0.00000800–$0.00000830. A drop below this could signal a deeper pullback toward $0.00000700 or lower.
Market Sentiment:
Neutral to Slightly Bullish: The Fear & Greed Index is at 54 (neutral), and technical indicators (RSI, MACD) are in bullish territory but not overbought.
Volatility: Expect continued volatility, typical of meme coins.
Bottom Line:
Pepe is likely to move up in the short term if it breaks above $0.00000970–$0.00001000, with strong resistance at $0.00001150–$0.00001200. If support fails, a pullback toward $0.00000700 is possible. Watch for breakouts above resistance or breakdowns below support for the next directional move.