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PEPE memecoin rallies 10% after breaking three-week range amid rising trader activity.

Technical Signals
08 Apr 2026
AMBCrypto
View Source
Bullish
pluang ai news

PEPE memecoin surged 10.3% to $0.00000369 after breaking out of a three-week consolidation, supported by strong trader participation and short covering. Trading volume jumped 72% to $518 million, with increased futures activity and a rising long/short ratio signaling bullish sentiment. However, selling pressure also rose as some investors took profits, creating a risk of price pullback below $0.0000034. If momentum holds above $0.0000036, PEPE could target $0.0000041, but aggressive selling may limit gains.

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