The PEPE price today is trading around $0.00001412, up nearly 3.8% in the last 24 hours, as bulls regain strength following a successful breakout from a key descending trendline. The meme token has shown renewed volatility after reclaiming multiple support levels and is now targeting the next resistance confluence near $0.00001576. Traders are closely watching the structure for continuation or early exhaustion as speculative interest returns. PEPE price forecast (Source: TradingView) The recent PEPE price action reflects growing optimism in the memecoin space, with the coin staging a bounce from its $0.00001332 support and climbing past short-term moving averages. Whether this momentum sustains through May 28 may define the broader short-term trend. What’s Happening With PEPE’s Price? On the 4-hour chart, PEPE price has broken above a falling wedge pattern that previously capped price gains for nearly a week. The breakout was confirmed on May 27 with a decisive move above $0.00001384, flipping the previous resistance into intraday support. The current structure points toward a retest of the horizontal resistance at $0.00001576, where multiple supply zones an… The post PEPE Price Prediction for May 28: Bulls Reclaim Momentum Toward $0.00001576 as Key Breakout Holds appeared first on Coin Edition .