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A wave of bullish breakouts is sweeping across the memecoin market, with $BONK, $FLOKI, $PEPE, and $BRETT all extending their breakout rallies, having recently shattered key resistance levels.
Bonk ($BONK) has recently broken out of a steep downtrend that had been in place since November last year, marked by a descending trendline on the daily chart. The breakout occurred on April 22, when the memecoin‘s price decisively closed above this trendline and broke above the local resistance at around $0.000015. The breakout rally then sent $BONK price to its peak of $0.000021 on April 28, marking an approximately 75% increase since April 22 pre-breakout opening price of $0.000012.
A fullback followed, but the price rebounded with a strong leg up and is now testing the resistance formed by the previous high at the $0.000020 level. If this momentum sustains, $BONK is likely targeting the 0.000025 level next, with potential for further upside toward 0.000030 in the medium term as it reclaims prior resistance zones.
$BONK, $FLOKI, $BRETT, and $PEPE price prediction: triple-digits gains in sight as price action heats up - 1"> Floki ($FLOKI) broke out of its sustained downtrend with a decisive move above the descending trendline around April 9, followed by a period of bullish consolidation. On April 22, it staged an explosive rally that sent the price to $0.000095 on April at its peak. After a brief pullback, the price resumed its upward move, reaching a new high at $0.00010, where it trades at press time. Since the April 22 opening at $0.000058, the price has now gained about 72%. Given this setup, the next logical target lies around $0.00013, where the price was rejected in early February.
Pepe ($PEPE) broke out of its downtrend on March 26, as it decisively closed above the descending trendline and reached an intraday high of $0.0000091. This breakout candle also confirmed the neckline of a double bottom pattern, establishing a key resistance level. That resistance was then tested and broken on April 22, when $PEPE made a new higher high. After a brief pullback, a strong rally began on May 6, driving the price up to a new peak of $0.00001310. Since April 22 breakout of the double bottom’s neckline, the price has gained about 69%.
The current price action shows strong continuation, with $PEPE now testing resistance zone around the $0.000013. If momentum persists, the next, short-term $PEPE price prediction is $0.000016, which coincides with previous support-turned-resistance levels from mid- to late January.
Brett’s ($BRETT) downtrend began to shift around March 11, when the price entered a tight consolidation range between $0.026 and $0.036. On April 22, it broke out of this range with a strong close around $0.044. The breakout rally extended through April 26, reaching a local high of $0.070. After a brief pullback, $BRETT launched a second rally starting May 7, which continues at press time, pushing the price to a new peak of $0.083, marking a new higher high. From the April 22 pre-breakout opening price of $0.035, $BRETT has surged approximately 136%, currently trading at $0.080.
The next major resistance lies around $0.15 — a level where the price was rejected in early January and which also served as a key horizontal support area back in November prior to the December rally.
