Usman Salis
The meme coin market is heating up again, and PEPE has taken center stage. After bouncing strongly from support, the token is showing renewed momentum and giving traders a reason to believe in a potential push higher.
PEPE Reclaims Momentum
As highlighted by trader Anasta, PEPE has reclaimed the $0.00000980 support zone, turning it into a base for the latest move higher.
The coin is currently trading at $0.00001028, reflecting a 4.47% gain in the past 24 hours, as buyers strengthen their position.
Chart Analysis: Bulls in Control
The 4-hour PEPE/USDT chart confirms bullish signals. Price action shows PEPE surged from $0.00000982 to a high of $0.00001043, demonstrating solid breakout momentum. Key support remains at $0.00000980, while resistance is tightening in the $0.00001050–0.00001100 range. The rally comes with strong trading activity, reinforcing bullish sentiment, and a series of higher highs and higher lows confirms that bulls are maintaining control.
Market Drivers
The rally appears fueled by increased trading activity across meme coins, boosting overall sentiment. Community-driven momentum remains a core driver of PEPE's volatility, while the technical breakout after successfully defending the $0.00000980 level has attracted short-term traders looking for quick gains.
Usman Salis
