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Pepe Coin rallies 63%, forms bull pennant, targets $0.0000057 after strong meme coin demand surge

Technical Signals
25 Aug 2026
Coingape
View Source
Bullish
pluang ai news

Pepe Coin (PEPE) surged 63% in a week, rising from $0.0000025 to $0.0000040 amid growing demand for meme coins. It formed a bull pennant pattern on the four-hour chart, suggesting the uptrend could continue to a target price of $0.0000057 if it breaks resistance at $0.0000040. PEPE outperformed other meme coins like Dogecoin and Shiba Inu during this period, reflecting a bullish shift in market sentiment. However, futures data shows some selling pressure and a drop in speculative interest, indicating cautious trading ahead.

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