$PEPE Shows Signs of Possible Trend Reversal Around $0.00000410 Support

#PEPE‏ is displaying technical signals that suggest its downtrend may be losing steam, with momentum indicators on the 3-day chart pointing toward stabilization near key support levels.

⬤ PEPE has hit a crucial technical crossroads after weeks of steady decline, and the charts are starting to tell a different story. According to analyst $PEPE , the meme coin might be gearing up for a momentum shift. $PEPE is hovering around the $0.00000410 mark, where the price has started to tighten up after a long string of lower highs and lower lows.

⬤ The chart shows a descending trendline that's been acting as a ceiling, but here's what's interesting—the downward pressure has noticeably slowed near recent support zones. This kind of behavior usually means the bears are running out of steam rather than doubling down. #PEPE‏ is still trading below its previous peaks, but the pace of the selloff has clearly cooled off, which suggests sellers might be losing their grip as the price consolidates.

⬤ The momentum indicators back this up. The MACD histogram is showing a bullish divergence—basically, momentum is making higher lows while the price keeps drifting down. Traders know this pattern often signals that a trend is running out of gas. Meanwhile, the RSI sits near 32 on the higher timeframe, putting #pepe⚡ close to oversold territory. When RSI stabilizes in this range, it typically comes before a quieter period and sometimes a shift in direction.

⬤ This setup matters for the broader crypto market since meme coins like #PEPE‏ tend to move fast once momentum flips. There's no confirmed breakout yet, but the mix of tightening price action, MACD divergence, and low RSI readings suggests #PEPE‏ is nearing a turning point. How it reacts around current support and that descending resistance line will determine whether this develops into a real reversal or just extends the sideways grind.