Usman Salis
⬤ PEPE has been climbing steadily on the daily timeframe, bouncing hard from a marked demand zone and now hovering around the 0.0000070 mark. The chart shows the token recovering after weeks of sideways drift and decline, with buyers jumping in aggressively at lower prices. The strength of this move, combined with volume that's clearly picking up, suggests speculative traders are back in the game—especially in meme coins.
⬤ Above the current price, the chart marks previous resistance zones near 0.00001000 and 0.00001400, shown with dotted reference lines. What really catches the eye is the massive jump in trading volume that came with this rally, giving the move some real technical weight. This kind of action usually points to improving risk appetite across the market, not just isolated interest in one token—meme assets like PEPE tend to move when liquidity is flowing freely.
⬤ Right now, PEPE looks like it's taking a breather after the surge, consolidating just below 0.0000071. The tone here is cautious—this is about reading the mood of the market, not chasing quick pumps. The key takeaway: "Memes don't move if liquidity is dead." This bounce reflects real participation coming back into parts of the crypto market.
⬤ Why this matters: meme tokens like PEPE often work as early warning signals for broader risk appetite in crypto. When volume and price both push higher in assets like this, it can mean traders are shifting back into speculative mode—which affects liquidity, volatility, and overall sentiment across the sector.
Usman Salis
