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Memecoin Mania Returns? PEPE, SHIB, and BOME Flash Bullish Breakout Signals


Memecoin Mania Returns? PEPE, SHIB, and BOME Flash Bullish Breakout Signals

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Memecoin sector shows renewed strength as PEPE, SHIB and BOME test breakouts in July 2026: PEPE defended 0.0000025 and is eyeing 0.0000034 after reclaiming 0.0000029 with rising RSI and Open Interest, SHIB is challenging a long-term falling wedge with resistance near $0.0000066 and upside to $0.0000100 amid positive CVD and higher volume, and BOME flipped key horizontal resistance with Supertrend bullish toward ~ $0.00195. These technicals, rising trading volume and fresh capital flows into derivatives suggest speculative crypto capital may be rotating back into memecoins, but decisive daily/weekly closes are needed to confirm the move or risk short-term retests and pullbacks.

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The memecoin sector is beginning to show signs of renewed strength after spending months in a prolonged consolidation phase. While Bitcoin and major altcoins continue to dominate institutional flows, several leading memecoins have started reclaiming key technical levels, suggesting speculative capital may once again be rotating into the sector.

PEPE, SHIB, and BOME are among the first to flash bullish signals, with each token testing or breaking important resistance zones backed by improving momentum and rising buying interest. Although confirmation is still needed, it raises an important question: Is memecoin mania making a comeback, or is this simply another relief rally before the next leg down?

PEPE Tests Breakout After Triple Bottom Recovery

The PEPE price is showing one of the strongest recovery structures after forming a clear triple-bottom pattern. The repeated defense of the 0.0000025 region indicates that buyers are steadily absorbing selling pressure, preventing further downside despite multiple retests. The latest rally has pushed the token back toward the 0.0000029 resistance zone, a level that has capped price advances throughout July. A decisive daily close above this supply area would confirm the bullish reversal pattern and shift the short-term market structure in favor of buyers.

The RSI has climbed above its signal line and is approaching the bullish zone, reflecting strengthening buying momentum. Meanwhile, Open Interest has started rising alongside price, suggesting fresh capital is entering the derivatives market rather than the move being driven solely by short covering. If PEPE successfully flips the current resistance into support, the next upside objective lies near 0.0000034, while failure to sustain above the breakout zone could see the token revisit the 0.0000026–0.0000025 support region before another breakout attempt.

SHIB Breaks Out From the Falling Wedge 

SHIB price is attempting to break out of a long-term falling wedge, a pattern that often precedes bullish reversals following extended downtrends. After respecting the channel’s boundaries for several months, price has rebounded from the lower trendline and is now challenging the wedge resistance. Cumulative Volume Delta (CVD) has turned positive, indicating increasing spot buying pressure, while the latest surge in trading volume suggests renewed interest from market participants. 

At the same time, the Directional Movement Index (DMI) shows bearish momentum gradually weakening, with buyers beginning to regain control. A decisive weekly close above the wedge resistance would confirm the breakout and expose the first resistance near $0.0000066. If bullish momentum continues, SHIB could extend its recovery toward the next major supply zone around $0.0000100. However, failure to sustain above the breakout trendline could result in another retest of the wedge support before a clearer directional move emerges.

BOME Reclaims Resistance as Bullish Bias Strengthens

The BOME price has broken above a key horizontal resistance zone that had capped price action for several weeks, indicating a potential shift in short-term market structure. The breakout follows a period of consolidation, with buyers successfully reclaiming a former support level that had previously turned into resistance. The breakout was accompanied by a notable increase in trading volume, reinforcing the strength behind the move.

The Supertrend has flipped bullish, signalling a potential trend reversal, while the Chaikin Money Flow (CMF) has moved back into positive territory, suggesting sustained capital inflows. If BOME manages to hold above the reclaimed resistance, the breakout could pave the way for a continuation toward the next key resistance around $0.00195. However, a failure to maintain this level as support may trigger a short-term pullback before buyers attempt another push higher.

Conclusion: Is Memecoin Mania Returning?

While it’s too early to call the start of a full-fledged memecoin supercycle, the technical outlook across several leading tokens has improved considerably. PEPE, SHIB, and BOME are all displaying bullish chart structures, supported by strengthening momentum indicators, rising trading volumes, and improving buying pressure.

The recovery across these memecoins suggests that speculative capital may once again be rotating into the sector. However, the next move will largely depend on whether these assets can sustain their breakouts and whether the broader crypto market continues to support risk-on sentiment.

For now, traders will be closely watching these key resistance levels, as successful confirmations could mark the beginning of a broader memecoin rally rather than isolated price recoveries.

Read the article at Coinpedia

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In This News

Coins

$ 64.66K

+0.75%

$ 0.00...511

+14.1%

$ 0.00...029

+7.48%

$ 0.000503

+18.3%

$ 0.00...038

+2.04%

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View analytics →
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