Recent Market Context & Mid-Term Outlook
PEPE is trading around 0.000003781 right now, which is about +3.24% higher than where it was 24 hours ago. The memecoin space has been showing some signs of recovery as we move into early February 2026, and PEPE has held up reasonably well despite all the ups and downs we’ve been seeing across the sector. There’s an important resistance zone that people have been watching closely near 0.00000500—PEPE has tried to push through this level a few times but hasn’t quite managed to break out convincingly yet. On the downside, support is sitting around 0.00000410–0.00000430, which has been a pretty solid floor for buyers so far. If things turn ugly though, we could see price drop down to around 0.00000290. Looking ahead at the medium term, bulls are eyeing targets between 0.00000500 and 0.00000650 if momentum picks back up. But if support breaks, we might be heading back down toward 0.000004 or even lower.
Technical Indicators on Shorter Timeframes (4-Hour and Daily)
Taking a look at the 4-hour chart, here’s what the indicators are telling us about PEPE right now:
- The 4h RSI is hovering around 42.75, which puts it in neutral to slightly bearish territory. It’s not showing oversold or overbought conditions—just kind of sitting there without much conviction either way, though there’s a slight lean toward more downside if buying doesn’t pick up.
- The 4h SMA is at about 0.000004052, and the EMA is at roughly 0.000004016. Since the current price (around 0.000003781) is sitting below both of these moving averages, it’s a sign that the short-term trend is leaning bearish.
- The MACD on the 4h chart shows the MACD line sitting just below the signal line—both are in negative territory—and the histogram is negative too (around −2.22×10⁻⁸). This tells us there’s some bearish momentum in play, though it’s not super strong at the moment. Still, it does add to the case for potential downside in the short term.
When you zoom out to the daily and longer timeframes, PEPE actually broke out of an accumulation phase back in late December, and we saw open interest in derivatives jump significantly along with spot trading volume picking up. These developments suggest that if PEPE can get past those resistance levels we talked about, there’s room for it to keep climbing.
Price Prediction Scenarios to Watch
Based on what we’re seeing technically and what’s been happening in the news, there are two main paths PEPE could take from here. How things play out really comes down to whether the support levels below hold or if resistance up above finally gives way.
Bearish Scenario
If PEPE can’t push past that resistance cluster between 0.00000500–0.00000520, sellers might take control. Breaking down below the support zone around 0.00000410–0.00000430 could send price tumbling toward 0.00000290–0.00000310. In this scenario, that negative MACD pressure we’re seeing could really start to accelerate the decline, and the RSI might drop into oversold territory (below 30). We could even see some bearish chart patterns forming—like a falling wedge or head-and-shoulders—which would likely lead to some pretty significant corrections.
Bullish Case
On the flip side, if PEPE manages to break above 0.00000500 with strong volume backing it up, we could be looking at targets around 0.00000620–0.00000670 over the next few weeks. For this to really work out, we’d want to see the MACD turn positive on the daily charts, open interest continuing to rise, and the RSI improving—ideally climbing past the 50-60 range. If that momentum keeps building and the overall market stays positive, there’s even a shot at pushing toward 0.00000750.
Implied Strategy & Key Levels
If you’re focused on managing risk here:
- You might consider taking a partial position near that support zone at 0.00000410-0.00000430, with your stop-loss set just below to protect yourself.
- Keep an eye out for a breakout above 0.00000500—that would be your confirmation that the bullish structure is back in play. You’d want to see good volume and a favorable broader market backdrop to go with it.
- If we do see that bearish break of support, it’s probably smart to take a more defensive stance and reduce your exposure until we see signs that accumulation is starting up again.
Final Insight
PEPE seems to be at a crossroads right now. If it can hold above the immediate support, there’s a decent chance we could see a modest rally develop. But if it falls below, the downside risk opens up pretty wide. With the current price sitting well under those 4h moving averages and the MACD showing negative momentum, the setup is leaning slightly bearish unless something comes along to change the momentum picture. Keep a close watch on that 0.00000410–0.00000520 range—both as support and resistance—because that’s going to determine which direction PEPE heads next.
