After a prolonged decline, the meme coin PEPE is showing signs of life as we approach May. Back in March 2025, PEPE dipped into a key support zone between $0.00000550 and $0.00000650, acting as a strong launching pad for several rallies in 2024. This bounce came after a long drop within a falling wedge pattern, often a setup for trend reversals. Once PEPE price held this support, it started to build a rounded bottom, a pattern that typically indicates slow but steady recovery. From its March low of around $0.0000056, the price has surged more than 60% and is currently hovering near $0.00000900. The breakout above the falling wedge adds intrigue to this move, combined with a rounded bottom forming at strong support. It could signal an early sign of a bigger trend shift.