PEPE Coils Tight Near $0.00000940 — What’s Next for the Meme Kings?

PEPE is coiling near critical support, setting the stage for a breakout that could fuel a 100%+ rally if bulls seize control.

Chart patterns and rising open interest hint at growing bullish pressure as PEPE eyes a reversal from weeks of consolidation.

With meme coin hype heating up, PEPE’s next leg could come fast—$0.00001400 remains the key target on traders' radar.

Pepe (PEPE) is trading at $0.0591, down 3.12% in 24 hours and 17.28% weekly. After steady consolidation near key support, PEPE eyes a critical breakout. A rebound from $0.00000940 could spark a move toward $0.00001400.

Market Compression Signals Imminent Move

PEPE, the popular meme-based cryptocurrency, is trading at $0.00000945, hovering just above a critical support zone at $0.00000940, according to TradingView’s 4-hour candlestick chart. Recent price action shows PEPE bouncing off this level, forming what analysts describe as a double-bottom or accumulation pattern, typically seen before bullish reversals.

According to charts shared by Ali Charts, PEPE’s price is tightening within a narrowing range—a classic sign that a big move could be coming. If support around $0.00000940 holds, the path to $0.00001100 and beyond remains open

Derivatives volume spiked to $1.65 billion in 24 hours,and open interest hit $537 million. This shows traders are bracing for a big shift.

Resistance Levels and Bullish Projections

A cup-and-handle formation also appears to be developing, another bullish sign that often precedes strong upward movements in meme coins. As long as $0.00000940 remains intact, buyers seem to be gaining control.

The price structure suggests higher lows forming, indicating growing accumulation. If confirmed, this could trigger a breakout that attracts both retail momentum and institutional interest — especially as the broader market begins to shift into risk-on sentiment.

Meme Power Remains Strong Despite Pullbacks

Though down nearly 66% from its all-time high of $0.00002803, PEPE still holds a $3.83 billion market cap, per CoinMarketCap, and continues to dominate meme coin headlines. Its trading volume over the past day reached $213 million in spot and $1.65 billion in derivatives — showing traders are far from giving up on the token.

With 420.69 trillion tokens in circulation, PEPE thrives on community engagement and viral market behavior. While volatility remains high, so does market enthusiasm — a combination that often defines successful meme assets.

If the current compression resolves upward, and resistance breaks convincingly, PEPE may deliver one of the most significant meme coin rallies of Q4.

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