- PEPE has printed 5 rounded lows since June 23 and is showing strength around $0.0000092 support zone
- Traders say PEPE may rise to $0.0000139 if it clears the $0.0000118 resistance with volume on its side
- Chart shows a curved breakout line forming above 2 support levels with buyers stepping in each time down
PEPE continues to show higher lows and higher highs, suggesting a bullish setup may be forming above the current support range. Shared on July 5, 2025, the chart reveals a consistent recovery pattern as price action climbs from recent lows. At the time of posting, PEPE traded at $0.0000092, while trading volume and interest have picked up across crypto platforms.
The chart includes rounded bottoms forming a visible uptrend. A yellow curved line projects a breakout beyond current resistance if momentum continues. This projection is based on price compression near critical horizontal resistance levels from mid-June.
If momentum builds, could PEPE revisit the $0.0000139 zone seen earlier this quarter?
Chart Analysis Shows Bullish Structure
The chart tracks PEPE/USDT on a one-hour timeframe using Binance data. A long downward trend was followed by a series of rounded lows. These lows appear to form a structure that indicates growing bullish pressure near the base.
Between June 23 and July 5, five successive lows each held above the previous one. This shaped a visible sequence of higher lows, which often signals trend reversal potential in volatile assets.
Two orange lines mark the resistance zone from $0.0000104 to $0.0000118. This area was previously tested multiple times during PEPE’s mid-June activity but was not broken.
The curved yellow arrow shows a price path that moves toward $0.0000139. That level marked a local top earlier in June. This visualization implies a bullish scenario may unfold if PEPE breaks through the $0.0000118 mark with strength.
Social Metrics and Trading Community Reactions
Plazma, a well-followed crypto trader, shared the chart on X (formerly Twitter), writing, “$PEPE higher lows and higher highs continue.” The post received over 7,200 views within a day and was reshared more than 370 times.
One user responded that PEPE “is about to explode,” while another projected “20b before the end of the summer.” These statements reflect growing optimism within retail circles, especially among meme coin investors.
The price at $0.0000092 has attracted attention due to the perceived discount compared to previous highs. Trading communities are watching closely as volume remains steady near support.
Previous posts and price history suggest traders anticipate the $0.0000118 range as the next major test. The rounded bottom patterns have encouraged discussion of a pump scenario, though confirmation remains pending.
Support Structure and Future Price Projections
Volume data indicates accumulation in the $0.0000084 to $0.0000092 zone, which has held since late June. This stability has allowed PEPE to build a foundation for the recent upward movements.
The Simple Moving Average (SMA) overlays on the chart show short-term and mid-term lines tightening. When SMAs compress in a narrowing range, it may lead to volatility expansion.
If current support levels remain intact, analysts are watching for a potential surge toward the $0.0000139 area. That would represent a 50 percent increase from current levels if sustained buying emerges.
