Bitcoin (BTC) tested $80,000 this week, and three of the largest meme coins rallied, followed by outsized weekly candles. Only Dogecoin (DOGE), however, broke the resistance that mattered.

BTC trades near $80,700 after a weekly gain of roughly 25%. Dogecoin, Pepe (PEPE), and Pump.fun (PUMP) each posted double-digit gains, yet their weekly charts sit at very different points.

Meme Coins Rally: Dogecoin Breaks a 20-Month Downtrend

DOGE gained 34.22% last week, rebounding from the support zone near $0.0556 that had held since late June. The move broke the descending trendline drawn from the December 2024 high at $0.485.

That line had capped every rally for 20 months. Weekly volume on the breakout was the heaviest since May 2026, which suggests real participation rather than a thin bounce.

The weekly Relative Strength Index (RSI) sits near 50. That neutral reading indicates the advance consumed almost none of the available upside.

DOGE now trades at $0.0929, retesting the broken line from above. A weekly close above it would confirm the end of the downtrend flagged in July. The next resistance stands at $0.1476, the 0.786 Fibonacci retracement, roughly 59% higher.

PEPE Is Repeating a Setup That Already Failed

PEPE rose 59.53% last week, a larger gain than DOGE produced. The chart, however, has shown this pattern once before.

In December 2025, PEPE printed a 78.18% weekly candle that also broke its descending trendline. Price then faded and spent more than seven months trapped between $0.00000223 and $0.0000044.

PEPE now trades at $0.00000425, up 6.1% over 24 hours and still inside that range. Weekly RSI reads near 56 and volume spiked, so buyers are clearly present. The token is testing range resistance for the second time rather than breaking it.

Above $0.0000044 sits the December 2025 swing high at $0.00000726, then the 0.236 Fibonacci level at $0.0000084. Heavy exchange outflows recorded in August suggest holders are willing to wait.

Pump.fun Leads the Gains but Is Already Stalling

PUMP delivered the strongest move of the three, gaining 95.84% last week. That was the best weekly performance among top meme coins.

The rally runs deeper than one candle. PUMP has climbed roughly 370% from its July low at $0.001151. It cleared the 0.236 and 0.382 Fibonacci levels in a single week, on its heaviest volume since February.

Momentum has now turned. PUMP trades at $0.005018, down 6.2% over 24 hours after rejecting the 0.5 Fibonacci retracement at $0.005066. Weekly RSI peaked at 77 and has eased to about 70, leaving PUMP the only overbought name of the three.

The golden pocket near $0.005989 caps further upside, while $0.002999 marks first support. The token remains the clearest beneficiary of the current meme coin season, and also the most extended.

Traders now watch three levels. DOGE needs to hold its trendline retest, PEPE needs a weekly close above $0.0000044, and PUMP needs to defend $0.002999. With capital also rotating into RWA tokens, meme coin strength may prove selective rather than broad.

Source: BeInCrypto