Whale Buying and Triple Bottoms: Is PEPE's Rebound Imminent?

PEPE, the meme coin that has captured the attention of crypto traders, is stabilizing near critical support levels as whale activity and technical patterns suggest potential for a rebound. The token is currently trading around $0.0000065, a price floor that has repeatedly proven resilient against downward pressure. Analysts are noting a triple-bottom formation on the chart, indicating sustained buying interest at this key support zone, according to a CryptoFront report. On-chain data reveals that large holders have absorbed over four trillion PEPE tokens since February 2025, reducing exchange liquidity and signaling a possible foundation for a price recovery.

The Relative Strength Index (RSI) for PEPE stands at 59, reflecting moderate buying strength without overextension. Technical analysts are watching for a breakout above $0.000011, which could propel the token toward $0.00002. A descending triangle pattern on the chart further reinforces this potential, with a clean break above the resistance level likely to trigger renewed bullish momentum. Meanwhile, whale wallets have been quietly accumulating PEPE, draining supply from exchanges and reducing selling pressure. This accumulation phase has created a scenario where a return of buying volume could spark a rapid rebound.

While PEPE remains in a tight trading range, the broader crypto market is shifting focus toward projects with tangible utility. DeepSnitch AI, a presale project blending AI-driven trading tools with meme coin appeal, has surged 37% in recent weeks, outpacing both PEPE and Dogecoin, according to a Cryptopolitan article. The project's AI agents scan blockchain data for volatility triggers and deliver real-time alerts to traders, offering a utility-driven edge over speculative assets. With $476,000 raised in its presale, DeepSnitch AI is positioning itself as a contender for the next bull cycle, the article adds, even as PEPE supporters remain cautiously optimistic about the meme coin's long-term potential.

Market sentiment for PEPE is mixed. Short-term indicators suggest a possible dip below $0.0000060, which could test liquidity zones near $0.0000035. However, historical patterns show PEPE has often staged strong rebounds after accumulation phases. Analysts from Coindoo note that whale buying typically precedes rapid price increases in speculative assets, and the current on-chain activity aligns with this trend. For now, the focus remains on whether PEPE can maintain its support levels and capitalize on renewed buyer interest.

As the crypto market navigates regulatory uncertainties and shifting investor preferences, PEPE's ability to hold its key support zone and attract accumulation from large holders could determine its next move. While DeepSnitch AI and other AI-driven projects are gaining traction, the meme coin's community-driven resilience continues to draw attention, particularly as technical indicators hint at a potential 78% upside if bullish momentum materializes, the CryptoFront report suggests.