PEPE Eyes 0.0000148 as Wave 3 Approaches Fibonacci Target

Sean Williams
Pepe Coin (PEPE)

PEPE Coin is showing signs of another bullish breakout as it trades near $0.0000133, with technical analysis pointing to $0.0000148 as the next key level. According to a chart shared by analyst @ChartingGuy, PEPE appears to be in the midst of Wave 3 in a new Elliott Wave structure. This current move aligns with the 2.618 Fibonacci extension, a crucial resistance zone that often marks the peak of Wave 3 in classic technical patterns.

The analysis suggests that PEPE has completed its Wave 1 and 2, with Wave 2 bottoming in March 2025. Since then, the token has steadily climbed, gaining over 1.5% recently. If this momentum continues, a breakout above the $0.0000148 resistance could confirm the bullish trend and set the stage for higher levels in subsequent waves.

Fibonacci Tools Map Out Key Price Targets

PEPE has a history of respecting Fibonacci ratios during its price cycles. Wave 1 reportedly topped near the 1.618 extension, while Wave 3 is now targeting the 2.618 level—currently projected at $0.000014846. Beyond this, another extension at 1.618 from the March low suggests a potential move toward $0.000015482.

The alignment of Fibonacci levels with PEPE’s current price structure offers traders a technical roadmap. If the price breaks through the 2.618 zone, Wave 3 could extend further or transition into Wave 5. A rejection, however, might trigger a corrective pullback or sideways consolidation. Analysts view the next few days as critical for confirming the continuation of this bullish trend.

Market Eyes Key Resistance as Sentiment Builds

With altcoins showing strength and Bitcoin trading above $110,000, investor sentiment has turned optimistic. PEPE’s clean wave count and the emergence of bullish price structures from the March low suggest the token may outperform in the short term. Traders now watch closely as PEPE approaches the $0.0000148 resistance.

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Should PEPE confirm the breakout, it could become one of the top-performing meme coins heading into Q3 2025. The chart’s clear symmetry, combined with Fibonacci extensions, puts the spotlight on PEPE as technical traders anticipate the next big move.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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