Date: Thu, July 03, 2025 | 06:20 PM GMT
As Q3 kicks off, the cryptocurrency market continues its impressive rally following a volatile Q2. Ethereum (ETH), one of the biggest movers, has surged over 36.5% in the last quarter and is now trading near $2,600. This renewed momentum is having a ripple effect across altcoins and memecoins alike — and Pepe (PEPE) is showing one of the most promising setups.
Already up more than 40% over the past 90 days, PEPE is now drawing attention for a different reason — it’s mirroring a fractal pattern that previously led to a massive rally in SEI just weeks ago.
Source: Coinmarketcap
PEPE Mirrors SEI’s Breakout Setup
A side-by-side comparison of PEPE and SEI daily charts reveals an unmistakable similarity.
Earlier, SEI was caught in a falling wedge — a well-known bullish reversal pattern. After weeks of consolidation within the wedge, it broke out above the structure and crossed its 100-day moving average (MA). That move triggered a sharp 76% surge, pushing SEI beyond its 200-day MA, confirming a bullish trend reversal.
Now, PEPE appears to be following the exact same script.
The meme coin has just broken out of its falling wedge and is now in the middle of a retest — testing the 100-day MA level. This moment is eerily similar to where SEI stood just before it exploded to the upside, sparking optimism that PEPE could be next in line for a rally.
What’s Next for PEPE?
If PEPE successfully retests and bounces above the 100-day MA, the next key resistance will be the 200-day MA. A confirmed breakout above that could trigger a move toward the $0.00001632 level — a major resistance zone and a potential 62% upside from current prices.
That said, caution remains necessary. If PEPE gets rejected at the current resistance zone and falls back below the breakout trendline, the bullish thesis may be delayed — leading to sideways movement or deeper consolidation.
