PEPE’s price took a significant plunge before March 2025, leading to a sustained downtrend and pressure on the token’s price. Selling pressure and the fading of speculative hype brought the coin close to key support levels near $0.00000587. This extended correction phase weighed heavily on sentiment, forcing out short-term traders. However, since hitting its low in March, PEPE has shown signs of resilience with a gradual uptrend forming on the daily chart, supported by higher lows. The coin is currently hovering around $0.00001044, while the 50-day SMA ($0.00001153) and 200-day SMA ($0.00000996) are acting as crucial support and resistance levels. The RSI (42.37) suggests that PEPE is neither overbought nor oversold, offering a balanced chance for further price movement in either direction. Looking ahead, if the bullish momentum continues, PEPE coin could break through immediate resistance and target higher levels: first targets of $0.000018 – $0.000020 with potential to extend towards $0.000026 – $0.000028 These levels align with previous consolidation zones and psychological price barriers, making them logical targets for the next wave of bullish movement. Conversely, if PEPE loses its current upward support trendline, downside risks will emerge. A sharp sell-off could send the coin back towards its March support level, potentially erasing much of the recovery gains, and a Bearish target of $0.0000085 may be reached. As we look at the upcoming weeks, PEPE coin is poised at a crucial crossroads. Its price is consolidating along a key trendline, and traders are watching whether bulls can push it beyond the moving averages. If sustained buying interest emerges, a strong rally towards $0.000018 – $0.000020 may occur. However, any weakness could expose PEPE to a pullback as deep as $0.0000085. This makes it crucial for traders to carefully consider their strategies and manage risk as we await the next major price movement.