PEPE Price Bounces 15% From Critical Level – Time to Buy?

PEPE has bounced 15% from a key support level, sparking speculation about a potential recovery.

This move follows a broader trend that has been unfolding since early December. Once a dominant meme coin, PEPE has struggled, suffering a staggering 75% decline from its peak and only now surpassing its pre-election lows.

As the bull market matures, economic concerns—Trump’s “tariff war,” NATO tensions, and recession fears—have taken center stage, leaving meme coins under pressure.

However, with the US-Canada trade conflict de-escalating this week and a potential Ukraine ceasefire agreement on the table, these pressures are beginning to ease.

Today’s 18% surge in trading volume to $1.1 billion shows that Pepe remains in the “best meme coins” conversation, but retail liquidity has thinned under heavy market FUD.

PEPE Price Analysis: Buy-the-Dip Opportunity?

The rebound evades a potential breakdown of a falling wedge that has shaped its decline.

However, Pepe’s new uptrend faces a critical test at the stubborn 20SMA resistance, which has suppressed upside attempts throughout March.

While technical indicators are turning favorable, they remain constrained.

The Relative Strength Index (RSI) has rebounded from the oversold threshold at 30, a sign of seller exhaustion, but it struggles to breach neutral, keeping Pepe in bearish territory at 44.

However, the formation of a MACD golden cross, surpassing the signal line, hints that buying pressure could drive the next move.

If momentum holds, Pepe could retest the upper resistance of the pattern. A breakout from which sets an upside target of $0.000022—a 200% potential gain from current levels.

If not, a retest of the pattern’s lower support may be the next move, particularly as broader market pressures remain strong.

This New Pepe ICO Has Huge Potential in 2025

As shown by PEPE’s fall from prominence, investors who back the wrong horse are missing out on those limited bull market gains.

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At the time of writing, MIND has raised over $7.3 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.

You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.