PEPE price is showing signs of a possible shift in momentum after weeks of sideways movement and selling pressure in the meme coin market.
The daily chart indicates early reversal signals with Heikin Ashi candles turning green, RSI nearing the neutral 50 level, and a recent breakout attempt from a tight range.
Technical analysis suggests that if PEPE sustains above a key resistance level of 0.00001050, the next target could be around 0.00001150–0.00001200, representing a potential 45.2% upside.
Traders are advised to watch for a daily close above 0.00001050, RSI crossing 50, and a volume spike to confirm real buyer interest for a possible rally towards 0.00001200–0.00001500.