Recently observed PEPE's performance in the market, so I will record a few points of observation.
PEPE is currently trading around $0.000007, with a 24-hour increase of approximately 1.69%. From a technical perspective, the RSI reading is 53.7, indicating a neutral zone—neither overbought nor oversold, showing an overall stable trend. The support level is at $0.000006, and the $0.000007 line acts both as resistance and a potential breakout point. Once the price stabilizes and breaks through, a slight rebound may occur; conversely, it could also face a correction, so risk-reward needs to be carefully weighed.
The meme coin sector has indeed shown some signs of recovery recently. Coins like PEPE and BONK are performing quite well, especially now that Bitcoin hovers below 94K. These small-cap, highly volatile coins are attracting a wave of capital inflow. The underlying logic is simple—when mainstream coins have limited gains, the market seeks higher return opportunities, which is a typical capital rotation phenomenon.
But there is one thing to watch out for: this kind of meme coin trend is often driven by sentiment. The hype comes quickly and goes just as fast; yesterday’s hot topic might be today’s cold storage. Short-term speculation and long-term investment are two different things, and participants should be aware of that.
PEPE's rise might just be a part of market rotation or a short-term capital probe. The technical outlook is mild, but volatility still exists. This means that if you want to participate, small positions for testing waters might be a more rational choice. Most importantly, don’t get blinded by the gains and chase highs blindly. The market is always changing, and maintaining a cautious mindset is often wiser than rushing to bet.
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MultiSigFailMaster
· 3h ago
It's the same old meme coin pump and dump rhythm, don't follow the trend, brothers.
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Small positions for testing are okay, but to be honest, PEPE is still essentially gambling.
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Fund rotation is just rotation, anyway I don't dare to chase highs, the feeling of cutting losses is too painful.
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RSI neutral sounds stable, but in reality, meme coins are unpredictable; sentiment shifts can turn the market dark instantly.
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Yesterday's hot topic, today's cold bench, you're so right, that's exactly how I got trapped.
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When BONK and PEPE rise together, I knew something was going to happen; all the recent buyers are just bagholders.
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Forget about technical analysis, meme coins are all about who can run faster; latecomers are doomed to be caught.
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I agree with small positions, but I think even small positions shouldn't touch this stuff.
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Bitcoin is losing momentum, so people are throwing money into these trash coins? Are you crazy, market?
View OriginalReply0
ImpermanentLossFan
· 5h ago
Is pepe making a comeback? I'm already tired of it from last year. The same old trick of cutting leeks with a different soup.
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StablecoinGuardian
· 01-06 12:55
pepe looks pretty good this time, but I'm still hesitant. Meme coins are all about emotions—when the wind blows, they surge; when the wind passes, they drop straight back to the floor price. It's okay to try with small positions, but don't go all in.
View OriginalReply0
GasGrillMaster
· 01-06 12:54
It's another story of small-cap coins, capital rotation just happens this way
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The meme coin market this time is all about sentiment; don’t be blinded by 1.69%
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PEPE breaking 0.000007 depends on whether follow-up funds come in; if not, it’s over
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Trying with a small position is okay, but if you go all-in chasing highs, just prepare to eat the loss
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RSI is neutral; it can’t say much, the key is where retail investors’ money flows
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Bitcoin stays still while PEPE jumps; this logic is very clear
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Turning at the turning point means sitting on the sidelines; those making quick money with meme coins are all survivors’ bias
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I believe in the support at 0.000006, but whether I trust it or not is another matter
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Let the rotation happen; anyway, I won’t chase highs this time
View OriginalReply0
MetaMasked
· 01-06 12:48
The wave of meme coin rotations is indeed happening, but to be honest, the recent surge of PEPE is a bit dull; I’m too lazy to even look at the market with a 1.69% increase.
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RSI at 53.7 is neutral, basically meaning no significant action; we’ll see after this wave of hype passes.
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Small positions for testing waters are okay, I agree not to chase highs. Yesterday, someone even went all-in on BONK. What’s the situation now?
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Capital rotation is a routine operation; the only concern is that the hype can disappear suddenly. Meme coins are all about emotions.
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Bitcoin being stuck below 94K indeed gives these small altcoins some opportunities, but how long they can hold is really uncertain.
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If the 0.000007 level can’t be broken, how much room for a rebound is there?
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I just want to know how many of the people entering now truly believe in this coin, and how many are just following the trend out of curiosity.
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Caution is good, but sometimes being overly cautious in this market can also lead to losses. It depends on who can grasp the rhythm.
View OriginalReply0
Lonely_Validator
· 01-06 12:46
pepe is just a matter of throwing a tantrum. Yesterday's hot topic is cold today. I advise you to take it easy.
View OriginalReply0
SatsStacking
· 01-06 12:38
I looked at this 0.000007 for a long time, and I still feel it's a bit虚啊
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Meme coin rotation, right? Yesterday's hot topic is today's cold bench, really a bit of torture
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Small position testing the waters sounds quite stable, just worried about going all in suddenly
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RSI 53.7 neutral zone, this is the hardest time to judge
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Bitcoin is below 94K, funds are indeed flowing into these small coins, the same old套路
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Can PEPE break 0.000007 this wave? The key still depends on how long the热度 can last
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Don't chase highs, I've heard this countless times, but the hand always moves faster than the brain
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Emotional coins are like this, making quick money and losing quick money are just a matter of one thought
View OriginalReply0
GateUser-5854de8b
· 01-06 12:36
It's PEPE again and BONK again. The hype around these meme coins really comes quickly and goes just as fast. It feels like the coins we were hyping the day before yesterday are already ignored today.
Recently observed PEPE's performance in the market, so I will record a few points of observation.
PEPE is currently trading around $0.000007, with a 24-hour increase of approximately 1.69%. From a technical perspective, the RSI reading is 53.7, indicating a neutral zone—neither overbought nor oversold, showing an overall stable trend. The support level is at $0.000006, and the $0.000007 line acts both as resistance and a potential breakout point. Once the price stabilizes and breaks through, a slight rebound may occur; conversely, it could also face a correction, so risk-reward needs to be carefully weighed.
The meme coin sector has indeed shown some signs of recovery recently. Coins like PEPE and BONK are performing quite well, especially now that Bitcoin hovers below 94K. These small-cap, highly volatile coins are attracting a wave of capital inflow. The underlying logic is simple—when mainstream coins have limited gains, the market seeks higher return opportunities, which is a typical capital rotation phenomenon.
But there is one thing to watch out for: this kind of meme coin trend is often driven by sentiment. The hype comes quickly and goes just as fast; yesterday’s hot topic might be today’s cold storage. Short-term speculation and long-term investment are two different things, and participants should be aware of that.
PEPE's rise might just be a part of market rotation or a short-term capital probe. The technical outlook is mild, but volatility still exists. This means that if you want to participate, small positions for testing waters might be a more rational choice. Most importantly, don’t get blinded by the gains and chase highs blindly. The market is always changing, and maintaining a cautious mindset is often wiser than rushing to bet.