PEPE rallies as $40 million Solana trading volume surge boosts momentum

Traders Union
All News
Crypto
Pepe jumps 8.14% today on strong demand

Highlights

PEPE recorded over $40 million in trading volume on Solana in one day after its cross-chain debut.
Integration with Wormhole's Sunrise expanded access and liquidity, driving a surge in market activity for the token.
PEPE trades in a bullish structure above key moving averages, with a projected short-term range of $0.000003963 to $0.000004437 and high probability of consolidation unless resistance breaks.

Trading activity surges following Solana cross-chain integration

PEPE has sparked strong market attention by surpassing $40 million in trading volume on Solana within just one day of its cross-chain debut, according to Cryptobriefing. This rapid uptake reflects heightened demand and increased transaction activity made possible by the integration with Sunrise, Wormhole's asset orchestration layer, which expands market access and liquidity for the token. The swift scaling of volumes on a new blockchain has amplified positive sentiment and reinforced active participation among traders, helping to fuel today's upward move.

Mixed momentum signals as price clears crucial averages

On the h1 chart, PEPE/USD has cleared the MA-20 and MA-50 as well as the MA-200, confirming technical strength in both short- and medium-term perspectives. The Ichimoku Kijun currently sits at $0.000004055, serving as immediate support. Momentum indicators present a complex picture: MACD flashes Buy, while ADX shows a Neutral signal. RSI stands at 61.68 (Buy), Bull/Bear Power indicates dominance by buyers, but CCI is Overbought and Stochastic RSI signals a Strong Sell, suggesting some risk of a near-term pullback or consolidation. The Awesome Oscillator remains positive, aligning with the prevailing bullish trend.

Uptrend likely as range supports bullish continuation

Over the next two to three trading days, PEPE/USD is expected to remain within a range of $0.000003963 to $0.000004437, reflecting a volatility band relative to current levels. The baseline scenario projects sideways consolidation between immediate support and resistance. A confirmed bullish breakout would require a close above $0.000004437, while a trend reversal to the downside is only confirmed if support at $0.000003963 fails. The probability profile heavily favors continued upward momentum, with a very high chance of further gains and only a low likelihood of meaningful decline.

Anton Kharitonov, expert at Traders Union, notes that PEPE’s sharp trading volume on Solana and strong technicals reflect significant short-term demand. He sees active participation and bullish momentum but remains wary of overbought signals and the chance of a pullback. Kharitonov cautions that the price could consolidate unless $0.000004437 is taken out. "For now, I view the setup as constructive, but I stay cautious until buyers prove they can sustain this move above key resistance," he says.

Earlier, analysts noted that Pepe was exhibiting sustained bullish momentum and continued robust accumulation by buyers. The token’s rapid surge in trading volume on Solana alongside bullish technical signals in the current session reinforces this trend, highlighting $0.000004437 as the next level to watch for a confirmed breakout.

Source of Data: PEPE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.