PEPE is currently oscillating within a critical range. If the multiple support levels (0.00000312–0.00000322) can hold effectively, coupled with a descending wedge pattern and some whale capital inflow, there is short-term technical rebound momentum of 8–9%. Upon a breakout above the upper boundary with increasing volume, the rebound target focuses on 0.0000041. However, market volume and main force preference remain insufficient; if support is broken, it may further test the lower support at 0.0000028–0.0000031. Strategically, it is advised to closely monitor trading volumes and on-chain movements of large holders, look for short-term opportunities, and wait for a trend-confirming volume surge for the mid-to-long term.

From the daily chart, PEPE has been in continuous retreat after reaching a high of 0.00000414 in mid-March, closing at 0.000003322 on April 6, near the lower side of the recent 0.000003306-0.000003495 range. There was a significant volume increase on April 6, reflecting concentrated selling pressure near the lower boundary. The 0.00000312–0.00000322 zone has served as a rebound support multiple times in recent months; if it holds, a short-term technical rebound of around 8%–9% is possible. Otherwise, it could test the lower support of 0.0000028–0.0000031. Momentum indicators are weak, and sentiment is cautiously consolidating in the short term.

PEPE price briefly rose near $0.0000034 before declining below $0.00000326 amid increasing selling pressure, reflecting sustained bearish control. The token faces resistance between $0.00000362 and $0.00000397, while a crucial support zone lies between $0.00000312 and $0.00000322. Weak momentum indicators suggest consolidation, with potential for an 8–9% relief bounce if support holds, but failure could lead to deeper losses.

PEPE Price Slips Below $0.00000326 as Bears Tighten Control

PEPE is trading around $0.00000332, down 4.17% in 24 hours, showing weak momentum amid a persistent bearish trend with lower highs and sustained selling pressure. Despite a TD Sequential "9" buy signal suggesting potential short-term rebound, price remains range-bound between $0.00000309 and $0.00000343 with indicators like Bollinger Bands and RSI signaling continued selling pressure and consolidation. A decisive bullish move depends on stronger volume and follow-through.

PEPE Price Shows Weak Momentum as Bearish Trend Persists Despite Rebound Signals

Pepe ($PEPE) remains bearish despite holding a support zone around $0.0000028-$0.0000031 for months. While the memecoin sector has been relatively stable, $PEPE has declined 3.2% recently and is down 88.4% over 18 months. Technical indicators show a strong downtrend with sustained selling pressure, suggesting the support may weaken and the price could drop further to around $0.00000259. Investors are advised to be cautious and wait for a trend reversal before buying.

Pepe remains bearish – What’s next as its support zone still looks weak?

Technically, the daily chart shows a classic descending wedge convergence. The upper boundary is drawn from the mid-March high, while the lower boundary is gradually raised from the lows, indicating that selling pressure is gradually weakening. Both MACD and RSI show early signs of recovery in oversold areas. If the price can effectively break the upper boundary, a mid-term rebound could be triggered with a static target near 0.0000041. Without volume expansion, however, resistance and pullback from the upper boundary likely signal continued downward oscillation. Closely monitor trading volume and the alignment with intraday key price levels.

Pepe (PEPE) is trading near $0.00000338, close to the lower boundary of a falling wedge pattern that acts as strong support, indicating potential accumulation and weakening selling pressure. The falling wedge suggests a possible bullish reversal if the price breaks above the upper trendline, with a target around $0.000016. Momentum indicators show fading bearish pressure and early signs of recovery, but confirmation is needed for a sustained upward move.

PEPE Price Near Key Support as Falling Wedge Hints at Possible Bullish Reversal

In terms of sector capital rotation, DEXE led the segment on April 4, while PEPE lagged, reflecting that short-term speculative funds preferred leading concepts. On-chain data show a recent increase in whale inflows to PEPE, with technical signs of synchronized buying with whale activity. If whales continue accumulating and form support at key technical levels, prices may break out of consolidation and start a new trend. Focus on the alignment between large holders’ positions and on-chain inflows.

On April 4, among the top 100 cryptocurrencies by market cap, DeXe (DEXE) led gains with an 11.11% rise to $9.01, followed by VeChain, Bitcoin SV, PancakeSwap, and Zcash. The biggest losers included Midnight (NIGHT), which dropped 3.72% to $0.04253, along with Worldcoin, Bittensor, Quant, and Pepe.

Top 100 cryptocurrency market cap tokens today: DEXE up 11.11%, NIGHT down 3.72%

PepeCoin on Solana

The Reserve Bank of India is likely to hold rates in its first policy decision since the Iran war, as it grapples with a sharply weaker rupee while trying to support economic growth.

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Pepe Price Falls by 5% on Low Volume and Whale Sales

The probability that the Federal Reserve will keep interest rates unchanged in April reaches 98.4%.

Federal Reserve officials warn of severe inflation situation, support tightening monetary policy.

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