#PEPE‏ #news_update #pepe Pepe Coin news has taken a bullish turn this week as the popular Ethereum-based memecoin rebounded sharply from recent lows, gaining over 10% in four days.

A combination of technical indicators, smart money inflows, and improving market sentiment suggests Pepe may be preparing for another leg up, with analysts now eyeing price targets in the $0.000015–$0.000016 range.

Smart Money Pours In as Sentiment Shifts

Pepe’s rally began following a sharp retest of key support at $0.00001107 on May 31. The price quickly bounced back, forming four consecutive green candles on the daily chart and reclaiming the 50% Fibonacci retracement level at $0.00001227. This move was fueled in part by renewed optimism in the derivatives market, where open interest surged 6.47% to $537.96 million, reflecting growing confidence among traders.