The memecoin sector is witnessing a fresh wave of bullish momentum as BONK, FLOKI, PEPE, and BRETT post explosive rallies, smashing past key resistance levels and igniting speculation of triple-digit returns in the near term.
BONK Targets $0.000030 as Breakout Momentum Builds
Bonk (BONK) has emerged from a prolonged downtrend that began in November 2024. The breakout was confirmed on April 22, when the token decisively closed above a key descending trendline and cleared resistance near $0.000015. The price then soared to $0.000021 by April 28, marking a 75% rally from its pre-breakout level.
Despite a brief pullback, BONK has rebounded and is now retesting $0.000020 resistance. If bullish momentum continues, BONK could next test $0.000025, with an extended target around $0.000030, reclaiming territory lost in prior corrections.
FLOKI Eyes $0.00013 After Reclaiming Bullish Structure
Floki (FLOKI) confirmed its breakout earlier, with a clean move above a descending trendline on April 9, followed by strong consolidation. A rally on April 22 pushed the token to $0.000095, and after a mild correction, it surged again to hit $0.00010, where it currently trades.
From an April 22 opening of $0.000058, FLOKI has gained about 72%. The next resistance level stands at $0.00013, a point last tested in February, potentially setting the stage for continued upside if the meme coin sector remains hot.
PEPE Surges Past Double Bottom Neckline, Sets Sights on $0.000016
Pepe (PEPE) has been on a bullish tear since March 26, when it broke above its descending trendline and validated a double bottom pattern. The resistance neckline of that pattern was finally broken on April 22, fueling a move that has now driven PEPE to a new high of $0.00001310.
With a 69% gain since the breakout, PEPE is currently testing resistance around $0.000013. If price action holds, the next upside target is $0.000016, coinciding with previous resistance from January’s trading range.
BRETT Leads Gains With 136% Rally, Eyes $0.15 Resistance
Brett (BRETT) began its turnaround in mid-March, entering a tight consolidation between $0.026 and $0.036. A breakout occurred on April 22, with price closing near $0.044 and rallying to $0.070 by April 26. A second leg began on May 7, and BRETT has now reached a new peak of $0.083, up 136% from its pre-breakout level.
Currently trading around $0.080, BRETT’s next resistance lies near $0.15, a level that previously acted as both support and resistance in late 2024 and early 2025.
Outlook: Triple-Digit Returns Within Reach?
With all four memecoins showing clear breakout structures, supported by increasing volume and bullish momentum indicators, the meme coin market appears poised for further gains particularly if Bitcoin’s recent surge above $100K continues to support overall market sentiment.
However, traders should remain cautious of volatility, as short-term corrections remain likely in such high-risk sectors.
