币界网报道：Pepe Coin (PEPE) is showing signs of a potential bullish reversal after six consecutive weeks of decline, with technical indicators suggesting a possible upward trend. The meme coin, which has faced significant selling pressure recently, is now exhibiting a bullish divergence on the Relative Strength Index (RSI), a key momentum indicator. This divergence occurs when the price makes lower lows while the RSI forms higher lows, often signaling weakening downward momentum and a potential trend reversal. Analysts note that PEPE's price has stabilized around a key support level, with increased buying interest emerging at lower price points. The coin's trading volume has also seen a noticeable uptick, indicating renewed market participation. Additionally, the Moving Average Convergence Divergence (MACD) indicator is nearing a bullish crossover, which could further confirm the shift in momentum. Market observers highlight that PEPE's recent performance mirrors broader trends in the meme coin sector, where assets like Dogecoin and Shiba Inu have also shown resilience after prolonged downturns. While the broader cryptocurrency market remains cautious due to macroeconomic uncertainties, PEPE's technical setup suggests the possibility of a short-term rebound. Traders are advised to monitor key resistance levels, as a breakout could signal the start of a more sustained recovery. However, given the volatile nature of meme coins, investors should remain cautious and consider risk management strategies. The coming weeks will be crucial in determining whether PEPE can sustain its recovery or if the bearish trend will resume.