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Pepe Price Primed for a Pullback—30% Rally Needs a Breather

Pepe Price Primed for a Pullback—30% Rally Needs a Breather

Published:
2025-06-11 17:47:38
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Memecoin mania hits a speedbump as Pepe''s parabolic run shows exhaustion. After a 30% pump, traders brace for the inevitable—because what goes up must come down (especially in crypto).

The Gravity of Gains

Pepe''s chart looks like a over-caffeinated kangaroo—too many hops, too fast. Even degenerate traders know: no asset moons forever without a pitstop.

Paper Hands Season?

Watch for profit-taking as early bulls flip gains into stablecoins—because nothing says ''diamond hands'' like cashing out before the weekend.

Funny how ''healthy pullbacks'' always happen right after someone''s leveraged long gets liquidated. Welcome to crypto, where TA is just astrology for finance bros.

Key technical points

  • 30% Rally from Swing Low: PEPE has rebounded strongly from a key support, marking a potential trend shift.
  • Major Resistance Confluence Ahead: Price is now testing the POC, 0.618 Fibonacci, and high-timeframe resistance zone.
  • Correction May Be Healthy: A rejection here would align with normal bullish structure, potentially forming a higher low.

Pepe price due for a healthy pullback after 30% rally - 1

PEPEUSDT (4H) Chart, Source: TradingView

From a technical perspective, the area Pepe is entering now acts as a natural resistance zone, where buyers may begin to slow down and profit-taking could emerge. This resistance band is reinforced by:

  • The point of control, where the most volume has traded historically,
  • A macro 0.618 Fibonacci retracement, a key reversal level in trending markets,
  • And a high-timeframe horizontal resistance, which previously capped bullish momentum.

Given the strength of the recent move, a pullback WOULD be considered healthy, particularly if it results in a higher low forming near the last major breakout level. This would reinforce the current bullish structure and set the stage for a sustainable rally in the next leg up.

However, if the bullish momentum is particularly strong, there is still a chance PEPE breaks above this resistance cluster. In that case, bulls will need to push through the value area high, which would confirm a new swing high and shift the short-term outlook decisively in favor of continued upside.

Until then, this region remains a critical decision zone where price must prove whether bulls are in full control, or if a rotation lower is required before the next leg.

What to expect in the coming price action

PEPE is now at a major crossroads. If bulls fail to break through the POC–0.618 resistance zone, a pullback toward high-timeframe support is the most likely outcome. This would allow for a healthy retest and potential higher low, keeping the uptrend intact. A breakout, however, would signal accelerating strength and continuation toward new highs.

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