PEPE Targets 550% Rebound at Support, PEPENODE Raises $2.2M
PEPE, the meme coin, stabilized at a key support zone after a 40% monthly drop. Over the past day, PEPE gained nearly 6% with volume up 16%, driving its market cap close to $2 billion. Each prior test of this support led to major rebounds, and current indicators suggest a possible 550% rally toward $0.000014 mid-range and beyond. A break below could trigger deeper declines.
Meanwhile, PEPENODE, an ERC-20 play-to-earn mining token, raised over $2.19 million in its presale. The project burns 70% of tokens on upgrades and offers up to 589% annual staking rewards. Growing demand for PEPENODE utility tokens could boost buying pressure across the meme-coin sector.
Bullish
PEPE’s stabilization at a major support zone and rising RSI point to strong short-term buying interest that could trigger an immediate rally. A historical pattern of sharp rebounds from this level underpins the 550% upside target if PEPE reclaims resistance at $0.000014 and $0.000018, supporting long-term bullish sentiment. At the same time, PEPENODE’s successful $2.19 million presale and high staking rewards highlight growing demand for meme-coin utility tokens, which may increase sector-wide buying pressure. Together, these factors drive a bullish outlook, offering both quick gains and sustained growth potential.