Is PEPE Waking Up? Chart Patterns Point to Big Move Ahead

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Pepe (PEPE) is beginning to catch the eye of traders-who knew a meme coin could be so intriguing? 😏 Chart patterns and blockchain activity are hinting at a possible spike, as the token currently hovers around $0.00001. A little steep for your coffee budget, but with over $608 million traded in 24 hours, maybe it’s time to pay attention.

While it’s having a slightly off day (because who doesn’t?), it’s still up 8% over the past week. Now, analysts are eyeing the magical $0.0000125 mark, a number that might just make PEPE the toast of the crypto town. 🍞

Power of 3 Setup Points to a Bullish Move

According to the wise folks at Bitcoinsensus, a Power of 3 (PO3) setup is emerging on the PEPE/USDT chart. This setup involves some classic crypto drama: sideways movement, a brief plunge below support (don’t worry, we’ve all been there), followed by a breakout above the range. This drama-filled dip and bounce from late September fits the bill perfectly.

#Pepe Power of 3 Setup in Play $PEPE could be targeting the 0.0000125$ zone next.

Range, bear trap, mark up

– Bitcoinsensus (@Bitcoinsensus) October 3, 2025

The chart shows a “false breakdown” or bear trap, a sneaky move that signals a new upward phase. With PEPE blasting through the $0.00001000 mark, the trend suggests things are looking up. If the momentum holds, the $0.00001250 zone will soon become the hot topic of conversation at crypto parties.

Weekly Structure Follows Historical Breakout Pattern

EtherNasyonaL’s weekly chart reveals PEPE forming yet another triangle pattern. Yes, a triangle-because why not? These patterns have historically led to big price increases, starting from levels as low as $0.00000045. (Those were the days, right?) Breakouts have followed near $0.00001722 and $0.00002836-sounds like PEPE might be gearing up for another round.

This time, the triangle is tightening, and PEPE is about to test the upper trendline. If history repeats itself (which, let’s face it, it often does), we might be in for another glorious breakout. The post even dubbed it “The sleeping giant $PEPE will soon awaken”-because we all love a good underdog story. 🦸‍♂️

PEPE Chart

Blockchain data from Nansen shows that small holders are slowly letting go, with total balances dropping from 259 trillion to 253 trillion over the last month. Meanwhile, the top 100 addresses are hoarding more tokens, like the crypto version of a treasure hunt. The top 100 now control 307 trillion tokens, making them the real crypto royalty. 👑

Currently, 60.21% of the supply is in the hands of all wallets combined, with a distribution score of 20. So, it looks like tokens are moving from the little guys to the big players-interpreted as a sign of accumulation. Or maybe just some savvy shopping during a sale.

Technical Indicators Suggest Pullback May Be Temporary

Let’s talk about the short-term chart, where PEPE has taken a breather after its upward sprint. The Bollinger Bands are widening, signaling that the price might continue to shake things up. Right now, the token is near the middle band, which is about $0.0000097-definitely not enough for a yacht, but we’re getting there.

PEPE Price Action

On the bright side, the MACD remains in bullish territory, staying above the signal line. The MACD histogram bars are shrinking, indicating that the momentum might be slowing. But hey, unless the support completely crumbles (which we’re not betting on), PEPE seems to be holding strong.

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2025-10-03 18:48