PEPE Nears Key Support as TD Sequential Signals Possible 30% Rebound

The recent price action of PEPE, the memecoin derived from the Pepe the Frog meme, has drawn renewed attention from traders after a key technical indicator suggested a possible buying opportunity. The TD Sequential oscillator, a widely used tool for identifying potential trend reversals, has flashed a buy signal on the daily chart, signaling that PEPE may be approaching a short-term rebound [3]. According to analyst Ali, this signal has historically preceded upward moves in the past and suggests that the prolonged decline may be losing momentum [1].

In the latest chart analysis shared by Ali, the price of PEPE has been in a downtrend for several days, but the most recent candle has triggered the ninth count in the TD Sequential indicator. This count is often associated with the price potentially halting its downward movement and beginning a reversal [1]. At the time of the analysis, the price was hovering near $0.00001064, a level where the coin has previously found support. This has led some traders to view it as a potential entry point, particularly if they believe the market is setting up for a near-term reversal [1].

The price is also currently resting on a significant trendline that has served as a key support level in the past. This line has repeatedly helped PEPE bounce back from declines, suggesting that the coin may once again find a floor at this level [1]. However, despite the positive signals, PEPE is still forming lower lows, which indicates that the broader downtrend is still intact. A breakout from this pattern would be necessary to confirm any meaningful reversal [1].

The price has also been consolidating within a symmetrical triangle pattern, a common chart formation that often precedes a breakout. If PEPE can manage to break above the upper boundary of this pattern, analysts have suggested that the price could rise as much as $0.00001320, representing a roughly 30% increase from the current level [1]. This would bring the coin back to previous levels seen earlier in July and could provide a short-term boost for traders looking to capitalize on the move. However, it is important to note that this is a relatively modest target when compared to historical price swings in the memecoin space [1].

While some analysts have speculated on higher long-term price targets, these remain speculative and not supported by recent price action. According to a forecast from one analyst, PEPE could potentially reach $0.000028 by the end of 2025 [4], and another has projected a high of $0.0002733 by 2030 [4]. These long-term forecasts should be treated with caution and are not reflected in the immediate technical signals currently in play.

On the other hand, the bearish case remains valid. PEPE has already fallen below the 50-day exponential moving average, a technical level that confirms a bearish trend [5]. A breakdown below the $0.000010 support could open the door for further declines, with the next potential level being as low as $0.000080 [5]. Traders are advised to monitor these key levels closely and to consider the possibility of increased volatility in the near term.

Market sentiment appears to be mixed. The Relative Strength Index (RSI) currently stands at 39.51, indicating that the coin is in neutral to oversold territory [7]. This suggests that short-term traders may find a compelling entry point if the price continues to test key support levels. However, the broader crypto market remains under pressure, and PEPE is no exception. Over $1 million in liquidations have been recorded across major trading wallets, signaling increased bearish momentum [8]. This highlights the importance of careful risk management and close monitoring of both technical levels and broader market conditions.

Despite the mixed signals, the fact that PEPE has avoided a deeper decline and has stabilized near key support levels is a positive development. A successful rebound could see the price test resistance at $0.00001465, the high from July 22 [5]. This would serve as a critical confirmation point for any reversal thesis. Until that occurs, the market remains in a state of uncertainty, with the outcome of the next few trading sessions likely to determine the direction of the price for the immediate future.

[1] Source: Key Indicator Shows It's Time to Buy PEPE Again: How High Could It Go Now? (https://captainaltcoin.com/key-indicator-shows-its-time-to-buy-pepe-again-how-high-could-it-go-now/)

[2] Source: PepeCoin Cryptocurrency (pepecoin) Price Prediction (https://changelly.com/blog/pepecoin-cryptocurrency-pepecoin-price-prediction/)

[3] Source: PEPE Price Stalls at Key Support While TD Sequential ... (https://blockonomi.com/pepe-price-stalls-at-key-support-while-td-sequential-signals-a-bounce/)

[4] Source: PEPE Coin Price Prediction: 2025, 2026, 2027 - 2030 (https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/)

[5] Source: Trending Pepe Crypto Rival Priced at $0.001 Could Hit $2 ... (https://www.banklesstimes.com/articles/2025/08/04/trending-pepe-crypto-rival-priced-at-0-001-could-hit-2-by-november/)

[6] Source: Pepe Coin Dips 16.91% in Week but Holds Key Support at ... (https://www.ainvest.com/news/pepe-coin-dips-16-91-week-holds-key-support-0-000010-2508/)

[7] Source: PEPE Price Analysis: Meme Coin Shows Mixed Signals ... (https://blockchain.news/news/20250804-pepe-price-analysis-meme-coin-shows-mixed-signals-despite-154)

[8] Source: Over $1 Million Lost in PEPE Liquidations (https://cryptorank.io/news/feed/3fd3a-pepe-price-analysis-liquidations-technicals)