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PEPE Price Prediction: The 45% Weekly Squeeze Has Run Its Course — What Comes Next Is Brutal or Beautiful

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PEPE Price Prediction: The 45% Weekly Squeeze Has Run Its Course — What Comes Next Is Brutal or Beautiful

PEPE is trading near $0.0000049–$0.0000050 after a blistering 45% weekly rally fueled by a $919M short liquidation cascade, but with RSI pinned above 74 and the MACD histogram turning bearish, a me...

PEPE came into this week as a coiled spring. Bitcoin's decisive reclaim of $85,000 — its first clean break above that level since January — triggered a chain reaction across the meme coin complex that nobody short could survive. The numbers say it plainly: $919 million in forced liquidations hit the market in a single 24-hour window, per CoinGlass, with shorts accounting for the overwhelming majority of the carnage. PEPE didn't just participate in that mayhem — it led it. The token exploded 22% on Monday alone, roughly triple Bitcoin's advance on the day, and printed an intraweek high near $0.00000534. By Tuesday morning, as the total crypto market cap crossed $3 trillion for the first time in eight months, PEPE had stacked a 45% weekly gain and pushed its market cap back above $2 billion.

That was the fuel. The squeeze is now spent. As of 09:12 UTC on September 23, PEPE has retreated from that high and is consolidating near $0.00000492–$0.00000500, down roughly 1.8–3.3% on the day depending on the snapshot. The hot money is out. What's left is a technically overextended chart sitting on a genuinely bullish macro structure — and that tension defines every trade in PEPE right now. You can follow the broader market context as it develops on Blockchain.news.

Here's the honest technical read: PEPE's daily structure is constructively bullish but dangerously stretched.


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