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Pepe meme coin jumps nearly 25% after breaking key resistance, but overbought signals warn of a short-term pullback.

Technical Signals
21 Sep 2026
Crypto news
View Source
Bullish
Pepe meme coin jumps nearly 25% after breaking key resistance, but overbought signals warn of a short-term pullback.

Pepe (PEPE) price surged nearly 25% on September 21, breaking above a critical resistance level at $0.00000458 and reaching an intraday high of $0.00000515. This rally pushed its market cap above $2 billion and extended its weekly gains to nearly 40%, supported by a broader crypto market rally led by Bitcoin. However, technical indicators like the 4-hour RSI at 82 signal that the coin is overbought, raising the risk of a short-term price correction. Key support levels to watch are $0.00000458 and $0.00000431; holding these could sustain the bullish momentum, while a drop below may lead to a pullback toward liquidation zones near $0.00000360.

Pepe's market cap on Pluang stands at Rp37.25 trillion as of Sep 22, 2026 02:06 WIB, with a 24-hour trading volume of Rp16.56 trillion. The coin's price rose by 24.87% in the last day to Rp0.0885, while most traders on Pluang are selling, with 80% order activity on the sell side. This contrasts with Bitcoin, which has a market cap of Rp30,844.29 trillion and a more balanced order activity of 65% sell and 35% buy at Rp1,527,641,662 per BTC.

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