PEPE Price News: After an 80% Surge, Entering a Correction Phase — Full Analysis of Key Support and Resistance Levels

PEPE0.65%
DOGE2.62%
BTC0.64%

After a rapid surge at the beginning of the New Year, PEPE is entering a high-volatility correction phase. As of the latest data, PEPE has slightly decreased by about 0.6% within 24 hours, briefly falling to $0.00000588 during the session, showing significant fluctuations from the previous high. This correction occurred after a short-term sharp increase, and the market is reassessing the rhythm and risks of Meme coins.

Looking back at the trend, PEPE rose over 80% from January 1 to January 4, 2026, becoming one of the most prominent assets in the Meme coin sector. However, since January 5, the upward momentum has noticeably slowed, with a current retracement close to 18%. During the same period, the overall enthusiasm for Meme coins cooled down, with DOGE dropping more than 7% in a week, while Bitcoin remains sideways around $90,000, and the overall market risk appetite has become more cautious.

From a technical perspective, PEPE faces significant selling pressure in the $0.0000062 to $0.0000072 range. This zone has repeatedly formed a supply concentration area in November 2025. Although the recent rebound briefly broke through this zone, the bulls failed to establish a firm footing. Currently, $0.0000062 has turned into a short-term resistance level, with the price falling back below this level, indicating that selling pressure above still exists.

On the daily chart, the structure remains biased bullish. The A/D indicator shows that there was a clear inflow of funds in early January, and the buying foundation has not been completely broken; momentum indicators also show no obvious reversal signals, suggesting that the medium-term trend has not been negated. However, on lower timeframes, the bears still hold the advantage. The 1-hour chart shows a local supply zone near $0.0000060, combined with multiple short-term highs above, limiting the rebound potential.

From a risk assessment perspective, the probability of the price falling below the demand zone of $0.0000044 to $0.0000050 in the short term is relatively limited, provided Bitcoin remains above key psychological levels. Once the mainstream market re-strengthens, the Meme coin sector is expected to gain emotional support.

Strategically, short-term traders are better off remaining patient, waiting for one of two signals: first, a correction to the $0.0000044–$0.0000050 range with signs of stabilization; second, a volume breakout above $0.0000072 with a confirmed effective breakthrough. In high-volatility phases, waiting for confirmation is often more cost-effective than chasing prices.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

PEPE Price Feeds Collapse as Volume Stays Active Across Markets

Key Insights: PEPE price feeds show zero values across indicators while trading volume remains active, creating a disconnect between market activity and visible data. Momentum indicators like RSI and MACD continue updating, but they lack relevance due to missing price data and broken chart s

CryptoNewsLand4h ago

PEPE Price Feeds Collapse as Volume Stays Active Across Markets

Key Insights: PEPE price feeds show zero values across indicators while trading volume remains active, creating a disconnect between market activity and visible data. Momentum indicators like RSI and MACD continue updating, but they lack relevance due to missing price data and broken chart s

CryptoNewsLand04-29 19:31

PEPE Price Feeds Collapse as Volume Stays Active Across Markets

Key Insights: PEPE price feeds show zero values across indicators while trading volume remains active, creating a disconnect between market activity and visible data. Momentum indicators like RSI and MACD continue updating, but they lack relevance due to missing price data and broken chart s

CryptoNewsLand04-29 19:31

3 Top Meme Coins to Accumulate Now — DOGE, PEPE, and BONK

Dogecoin shows strong recognition, ETF backing, and short-term momentum despite inflation risks. PepeCoin relies on community strength, with high volatility and whale-driven price swings. Bonk offers ecosystem utility on Solana, with growth tied to adoption success. Meme coins still

CryptoNewsLand04-28 12:41

PEPE Price Climbs as Bulls Test Key Resistance Breakout

Key Insights Pepe’s price rises for three days as improving sentiment boosts retail demand, supported by stronger participation and steady gains in futures open interest. Futures open interest climbs above $213 million, signaling growing trader confidence as rising positions align with

CryptoNewsLand04-27 19:41

PEPE(PEPE)up 2.98% over 24 hours

Gate News 消息,4 月 27 日,据 Gate 行情显示,截至发稿时,PEPE(PEPE)现报 0.00000398 美元,24 小时内上涨 2.98%,最高触及 0.00000402 美元,最低回落至 0.00000384 美元,24 小时交易量达 11.03M美元。当前市值约为 1.67B美元。 PEPE is a meme coin. PEPE近期 important news: 1️⃣ **Top whales continue to add positions** A certain top whale, after an 8-month gap, bought another 1.67B PEPE tokens again, costing approximately $3.08 million. After averaging down, its average holding price dropped to about $0.0000074286. This move reflects that large-position holders continue to see the long-term value of PEPE. Although it is still in an unrealized loss at the moment, by taking a staged approach it reduces the cost of holdings, showing bullish confidence. 2️⃣ **Top profit whales still hold large positions** The PEPE whale dimethyltryptamine.eth has accumulated profits of $11.9 million in this coin, and still holds $800B in positions at present. This indicates that the core profit-takers have not cashed out significantly, and instead chose to keep holding, reflecting a long-term bullish stance. 3️⃣ **Ecosystem-related parties diversify their allocations** A related address with fund flows with the PEPE whale recently spent $245k to purchase other tokens, ASTEROID. This suggests that large funds are making multi-chain or cross-project investment allocations within the PEPE ecosystem, reflecting broad market optimism from active capital. This news is not investment advice. Be mindful of market volatility risks when investing.

GateNews04-27 05:04
Comment
0/400
No comments