After 27.5% Weekly Drop, PEPE Could Be Reaccumulating in Rounded Base Under Descending Triangle

• PEPE trades at $0.057228, down 27.5% weekly and testing $0.056534 support.

• Price action is compressed within a descending triangle, signalling short-term equilibrium and low volatility.

• Key levels: support $0.056534, resistance $0.057268; weekly volatility contraction suggests possible renewed liquidity near support.

PEPE price down 27.5% to $0.057228, trading between $0.056534–$0.057268; Coinotag analysis on levels, chart patterns, and trading guidance.

PEPE is trading at $0.057228 after a 27.5% weekly decline, oscillating near $0.056534 support and $0.057268 resistance within a compressed market structure.

PEPE has extended its weekly decline to 27.5%, currently trading around $0.057228. The token is holding just above short-term support at $0.056534, with immediate resistance near $0.057268. Multiple sessions of selling activity reduced the intraday range, leaving price action compressed and volume subdued.

On a structural level, traders can observe a descending triangle forming, with a potential rounded base developing beneath the triangle. Historically, rounded bases can signal gradual accumulation when buyers step in at well-defined support. Comparative chart analysis shows a prior falling structure that transitioned to a decisive upward breakout earlier in the year; the current right-side formation appears similar in geometry but remains confined within a broader descending pattern.

What is PEPE price doing this week?

PEPE price has declined 27.5% this week to trade at $0.057228, residing in a tight range between $0.056534 support and $0.057268 resistance. Short-term volatility has contracted, with decreasing volume suggesting market indecision and a possible reaccumulation phase if the support zone attracts liquidity.

How does the descending triangle affect PEPE’s near-term outlook?

The descending triangle indicates consolidation after a volatile period. Price compression within this structure typically reduces directional conviction until a breakout occurs. Trading volume has fallen during the current consolidation, reinforcing the idea of a neutral short-term market. If price holds above $0.056534, liquidity may accumulate and enable a recovery; a decisive break below that level would increase downside risk. Coinotag analysis references on-chain metrics and exchange volume data as context for this assessment.

The chart currently suggests a compressed market where the left-hand structure previously resolved into a bullish breakout after a descending triangle and a rounded base. The right-hand formation mirrors this geometry, though the broader trend remains contained by a longer-term descending channel. Short-term traders should watch volume behavior and order flow around the $0.056534 support zone for signs of renewed buying interest.

Frequently Asked Questions

How low could PEPE drop if support breaks?

If PEPE breaks below the immediate $0.056534 support, short-term technical projections point to a move testing wider horizontal support levels derived from prior swing lows. Downside targets would be guided by previous accumulation zones and liquidity pools; traders should consult on-chain activity and exchange order books for precise levels.

Is PEPE a buy right now?

PEPE shows compressed price action near support, which can appeal to risk-tolerant traders seeking reaccumulation setups. However, prudent entries depend on confirmation—stabilization above $0.056534 with volume pickup or a clean breakout above $0.057268. Consider position sizing and risk management.

Key Takeaways

• Price status: PEPE is down 27.5% this week and trading at $0.057228, squeezed between $0.056534 support and $0.057268 resistance.
• Technical structure: A descending triangle with a potential rounded base implies consolidation and compressed volatility; volume decline supports neutral short-term bias.
• Actionable insight: Traders should monitor volume and order flow near $0.056534 for reaccumulation signs, or watch a sustained break of the range for directional confirmation.

Conclusion

PEPE’s current price action—down 27.5% and trading at $0.057228—is characterized by a tight range between $0.056534 support and $0.057268 resistance, framed by a descending triangle and a forming rounded base. Coinotag’s analysis highlights the importance of volume and on-chain indicators in assessing whether this compression leads to reaccumulation or a further decline. Publication date: October 14, 2025. Updated: October 14, 2025. Author/Organization: COINOTAG.