PEPE Price Aims for 0.00003583 After Double Bottom Reversal Setup

PEPE price rebounds from 0.00001223 support, with the chart showing a breakout path toward 0.00002570.

Technical setup marks resistance at 0.00002570, 0.00003119, and 0.00003583 as demand builds momentum.

Potential upside could exceed 300 percent if PEPE sustains strength above key support and breaks resistance.

PEPE/USDT is showing renewed strength after bouncing off a historical support zone, with projections mapping targets at 0.00002570, 0.00003119, and 0.00003583. The chart structure signals a potential double bottom reversal, while bullish momentum continues to align with resistance levels that define upcoming opportunities. Traders now evaluate whether this setup confirms mid-term upside or stalls below critical thresholds.

Historical Support Zone Sparks Recovery

The chart highlights a strong support level where buying interest previously emerged, preventing further downside pressure. This historical zone is marked by repeated rebounds that confirm its importance. Price action has again tested this base, responding with immediate upward movement.

According to the structure, this support area provided the launchpad for renewed bullish activity. The rebound has generated optimism among traders seeking continuation signals. Sustaining above this zone is viewed as essential for validating the double bottom reversal now visible on the weekly timeframe.

With price recently closing near 0.00001223, the token displayed resilience during a sharp 23.79% intraday gain. This action confirmed demand strength and reestablished focus on higher resistance levels. The question is whether this momentum can be maintained to reach the next zones.

Technical Targets Align With Resistance Levels

The chart outlines three primary price objectives for PEPE/USDT: 0.00002570, 0.00003119, and 0.00003583. Each target corresponds with prior resistance areas where sellers previously controlled direction. Overcoming these thresholds would demonstrate growing buyer conviction and open additional upside.

Short-term levels provided include 0.00002384, 0.00002965, and 0.00003466. These incremental checkpoints guide traders in managing entries and exits as the trend unfolds. Reaching these stages would confirm progressive breakout strength while testing the persistence of demand.

The projected path shows steady upward progression, with consolidation points marked between target ranges. This staged structure provides clarity for mid-term strategies, especially for swing traders seeking defined resistance levels. Momentum continuation remains a key requirement for validating the projected climb.

Double Bottom Structure Suggests Reversal

PEPE’s price action resembles a double bottom formation, a technical setup widely associated with market reversals. The pattern reflects two failed attempts to push price lower, followed by renewed bullish control. This type of formation often leads to significant directional changes if supported by momentum.

Bullish confirmation comes from the recent surge in price coupled with demand at the support base. Together, these signals suggest that the market is attempting to reverse from prior declines. A successful breakout above resistance would confirm the structural shift in favor of buyers.

Analysts note that potential upside from current levels exceeds 300% if momentum persists. This projection aligns with the upper target range near 0.00003583. The decisive factor will be whether price sustains accumulation phases while overcoming selling pressure.

The pivotal question remains: will PEPE maintain its trajectory toward 0.00003583, or will resistance reassert control before the breakout completes?