PEPE Forms Double Bottom Pattern With 300% Upside Target, Says Analyst

Analyst Rose notes a double bottom reversal, with upside targets at 0.00002384, 0.00002965, and 0.00003466.

A breakout above 0.00001800–0.00002000 could drive momentum toward 0.00002570, 0.00003119, and 0.00003583 resistance zones.

Analyst Lark Davis sees a weekly triangle, with a breakout above 0.000013 potentially targeting 0.000055.

PEPE is showing a strong bullish setup, with technical structures showing potential for a sharp continuation rally. The token has rebounded from a well defined support zone, between 0.00000600 and 0.00000800, where demand previously absorbed heavy selling pressure

This bounce has created a foundation that analysts describe as a possible double bottom formation. Current predictions show several resistance checkpoints, with upside targets suggesting considerable room for further expansion if momentum persists.

Support and Structure

According to analyst Rose, PEPE’s structure now resembles a double bottom reversal, confirming strength after months of correction earlier in 2025. The token previously peaked between 0.00003000 and 0.00003500 during late 2024, before retracing significantly

PEPE/USDT 1-week price chart, Source: Rose on X

However, the recent recovery in August and September introduced a series of higher lows, suggesting a reversal attempt is in motion. The first confirmation point is above 0.00001223, a level that could invite higher volumes if cleared decisively

The short term breakout test is expected around 0.00001800 to 0.00002000, which acted as resistance in prior cycles. Clearing this zone would lead toward higher targets, including 0.00002570, 0.00003119, and 0.00003583.

Analysts Outline Upside Targets

Rose identified short term swing targets at 0.00002384, 0.00002965, and 0.00003466, aligning closely with prior resistance zones. These levels also connect with Fibonacci extension points, creating confluence for potential take profit areas or rejection zones

Sustained price strength above these highs would reaffirm the momentum, with an estimated upside exceeding 300% if the trend continues. Additionally, the asset’s ability to hold above 0.00001000 is key

Failure to maintain this level could lead to another retest of the accumulation region noted earlier. Such a retest would delay breakout efforts but preserve the broader structure that supports current bullish projections.

Weekly Triangle Adds to Breakout Potential

Analyst Lark Davis also pointed to a larger structure forming on the weekly chart, noting a triangle nearing a breakout. He explained that a confirmed close above 0.000013 would validate the pattern, with a technical target stretching as high as 0.000055. Indicators back this view, with the RSI crossing its control line and the MACD approaching a weekly bull cross.

Entries for mid term traders were identified near 0.000013 or a potential retest of the 20 week EMA at 0.000011. Together with the support based setup outlined by Rose, these signals present multiple validation layers as PEPE nears key resistance levels.

The post PEPE Forms Double Bottom Pattern With 300% Upside Target, Says Analyst appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.