Is PEPE showing the return of memecoins?PEPE / TetherUSBINANCE:PEPEUSDTMax_Trader_IQPEPE, the main retail memecoin, reached its 2023 listing levels and bounced strongly from there together with the rest of the market. But PEPE showed weaker growth compared to other memecoins. So is it really that bad? Globally, price is still moving inside a descending channel, while many other major coins already broke out of theirs about a month ago. However, according to CMF, PEPE is showing one of the strongest capital inflow spikes. Liquidity is now at January 2026 levels, when the price was $0.00000726, which shows very strong investor confidence. So far, price has reached the first major resistance level at $0.00000374. If it manages to hold above it, the path opens toward $0.00000445, where the nearest order block is located, with a large number of limit orders. But the dynamic liquidity map shows that there is almost no demand at current prices, which is also confirmed by low buying volume. In the end, this suggests that right now, it’s more about a lack of sellers than a huge number of buyers. If PEPE manages to hold above $0.00000374 and CMF doesn’t show major profit-taking, this will be the first good zone for long positions. 📈 My current average entry is $0.0000028, and I plan to add more in this zone.