Quick summary
What is PEPE?
PEPE is one of the most recognisable Ethereum-based meme coins, named after the Pepe the Frog internet character. It trades with high volume on Kraken and carries the volatility profile typical of the category.
Trade Setup
Base: ~0.00000633 EUR / ~0.00000724 USD (formed early 2024)
Current price: 0.00000240 EUR / 0.00000274 USD well below base
Position: entered at −64% below base after the 2025/2026 correction
Levels
Entry: −64% below base → ~0.00000227 EUR / ~0.00000260 USD
Exit 1: 0.00000510 EUR / 0.00000583 USD (first structural level)
Exit 2: 0.00000748 EUR / 0.00000855 USD (base reclaim)
Exit 3: 0.00001385 EUR / 0.00001583 USD (extended resolve, prior structure)
Panic: close and hold below 0.00000163 EUR / 0.00000186 USD wedge support lost
Zoomed out: PEPE corrected inside a clear descending wedge from the 2025 highs and has recently broken out of it. Assuming that breakout holds, the structure points toward a sequential resolve through the overhead levels. A weekly close back below wedge support invalidates the setup entirely.
PEPE spent over a year correcting inside a descending wedge before breaking out, with a −64% entry triggered near the lows. The setup targets a sequential resolve through three overhead levels, with a weekly close below wedge support the invalidation.
Disclaimer
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Written by
Andrew Kamsky
Andrew Kamsky is a Bitcoin analyst. He spent a decade in traditional finance across a Big Four firm and a listed fintech bank before going deep on Bitcoin full-time.
