Meme coin traders are watching closely as PEPE delivers a textbook bounce from the golden pocket retracement. According to a chart from @DylanTillEth, the meme coin may be hinting at a continuation of the rally ahead.
The PEPE price action is showing a powerful bullish momentum off the 61.8% Fibonacci level, and analysts believe PEPE could be ready for another increase. If their predictions come to pass, the meme coin could potentially yield a 5x return this cycle.
The chart tells the story clearly. After its initial explosive run in early May, PEPE meme coin entered a consolidation phase. The recent dip landed in the golden pocket, which is the 61.8% Fibonacci retracement level. The price reached the $0.0000106 level with great precision before reversing. On the chart, PEPE created a near-vertical recovery.
This reaction from PEPE coin is more than just a bounce. PEPE’s price action printed a V-shaped reversal that wiped out the previous losses and has already reclaimed resistance near the 0.000017 zone. It is marked as the 0.0% Fib line on the chart. This fast and aggressive move off a deep retracement is often seen during early-stage bull cycles, especially for meme coins with viral momentum like $PEPE.
Traders Aim for $0.000050 Psychological Level
Technically, the chart shows a strong confluence. The initial leg up created the impulse wave. Also, the corrective pullback into the golden pocket provided the ideal accumulation zone. Fibonacci retracement traders often look for long entries between the 61.8% and 65% due to the high probability of trend continuation. In PEPE’s case, the retracement stopped at exactly 61.8%.
Now, with the bullish follow-through confirmed, the price is attempting to form a new high. Subsequently, analysts are suggesting that the next targets could be between 0.000025 and 0.000030. This level would mean a huge breakout above May’s local highs. A confirmed weekly close above resistance could catalyze further price discovery, with traders focusing on $0.000050.
The season being adopted by expert traders is simple and is mainly based on disciplined accumulation. According to @DylanTillEth, the best plan would be to deploy 50% of available funds at the $0.0000106, where the golden pocket lies. Then, they can hold the other 50% for a potential second accumulation zone near $0.000017. This layered buying approach accounts for the volatility of meme coins. It will also position investors to benefit from both the current bounce and any deeper dips.
Sentiment Around PEPE Coin Is Improving
The sentiment around the PEPE coin is improving. There’s growing confidence that the meme coin will repeat the kind of performance seen during its early run. The community around the memecoin remains one of the more engaging and active in the meme coin sector. Trading volumes have also been increasing in recent weeks. Analysts are saying PEPE could be among the cryptocurrencies leading the altseason. It has the potential to pull off a 5x run if all predictions come to pass.
READ MORE: Best Crypto to Buy Now as Ethereum Reaches 3-Month High Above $2700
Beyond the technical evaluation, the market setup is also working in PEPE’s favor. At the moment, BTC’s price is fighting the $105k range. If it should recover, PEPE could be among the meme coins that follow in its path. Moreover, the risk-on environment seen in previous altseasons could increase PEPE’s upside. At the moment, many retail traders are looking for community-driven meme coins for the next wave. PEPE is easily among the meme coins in this category.
Ultimately, the PEPE token bounce from the golden pocket retracement is not only technically important. It suggests that smart money investors are accumulating at key levels. PEPE is set to continue its climb after consolidating for a while.
With PEPE showing signs of a sharp recovery and potentially leading the next meme coin wave, traders are beginning to rotate capital into earlier opportunities that haven’t yet made their breakout moves. This is where presale-stage tokens become especially attractive.
While PEPE may be gearing up for a 5x, some of the most hyped presales in the space are aiming to launch with built-in momentum and upside potential many times greater. For those who missed the early PEPE entries, upcoming presales offer a chance to get in on the ground floor of the next narrative before the charts start printing those golden pocket bounces.
Disclaimer: This is a sponsored post provided by a third party. The views, information, and claims presented do not represent those of Bankless Times. Bankless Times has not independently verified the accuracy of this content. Readers should conduct their own research before taking any action based on this information. This post does not constitute financial advice or recommendation and should not be treated as such.
Bitcoin Pepe, Launching in 1 Day
A new opportunity is grabbing the crypto world’s attention. Bitcoin Pepe (BPEP) is set to launch on May 31, 2025, promising to bring fresh energy to the market.
Bitcoin Pepe’s presale has successfully collected $12 million. Tokens are available for just $0.0377, providing early investors a unique chance to buy before the BPEP coin debuts on prominent Tier 1 exchanges like OKX and ByBit. The hype surrounding Crypto X is significant as whales engage in six-figure purchases. Staking pools have quickly sold out, indicating robust demand and excitement from both individual and institutional investors.
What sets Bitcoin Pepe apart is its unique “Solana on Bitcoin” architecture. It creates a layer 2 network on Bitcoin’s secure blockchain, facilitating thousands of transactions each second. This technology unlocks Bitcoin’s enormous $2 trillion market potential for DeFi, gaming, and meme trading sectors, which were previously restricted to alternative blockchains. BPEP seeks to establish a new ecosystem that integrates Bitcoin’s security with high throughput, combining dependability with rapidity.
The timing is perfect. Bitcoin has hit new all-time highs, intensifying the momentum behind Bitcoin Pepe’s launch. BPEP provides a direct route for institutional and retail capital to enter a new meme economy established on the groundwork of Bitcoin. Bitcoin PEPE has the potential to ignite a fresh wave of innovation by combining Bitcoin’s security with the vibrancy of meme culture, possibly transforming the crypto landscape.
Institutional interest continues to grow. Bitcoin Pepe has secured over 10 partnerships. Collaborations with crypto leaders like Plena Finance and GETE Network expand BPEP’s reach into Web3 gaming and cross-chain ecosystems.
With just 1 day left before the May 31 launch, early entry opportunities are closing fast. Investors securing BPEP now may benefit from one of 2025’s most explosive crypto launches. Don’t miss your chance—secure your BPEP tokens today before the presale closes and the launch shakes up the market.
