$PEPE : real comeback or just a local pump? šø #PEPEBrokeThroughDowntrendLine
PEPE is around 0.0000047, +20% in 24h.
Momentum is there.
Volume picked up.
But letās stay realistic.
š The all-time high was around 0.000028ā0.000029.
From here ā thatās roughly a 6x move.
The question isnāt ācan it.ā
The question is ā under what conditions?
š Technically right now:
⢠Price is above MA(25) and MA(99) on the 1H ā short-term trend is bullish.
⢠After the impulse, weāre seeing a pullback ā classic profit-taking.
⢠Volume is starting to cool off ā without fresh fuel, momentum slows.
For a real higher timeframe reversal, PEPE needs:
1ļøā£ To hold above the 0.0000050ā0.0000052 zone
2ļøā£ Stronger volume continuation
3ļøā£ Support from BTC and the broader market
Without an altseason, meme coins rarely revisit ATH.
šø But.
PEPE isnāt about fundamentals ā itās about crowd psychology.
If the market shifts into euphoria mode, coins like this move the fastest.
My view:
A return to ATH is possible only in a strong bull phase. For now, itās more of a speculative play than an investment thesis.
Do you believe in a 6x for PEPE⦠or have you seen this movie before? š

