The meme coin sector is showing pockets of strength even as the broader crypto market trades cautiously. Whale flows and technical divergences are building across several tokens simultaneously, suggesting that capital is quietly rotating back into the category. BeInCrypto analysts have identified three key meme coins to watch this week.
While several factors have influenced the coin identification, on-chain accumulation and chart structure converging are the key triggers.
Shiba Inu (SHIB)
Shiba Inu (SHIB) trades at $0.00000602, up 11% over the past 30 days but still down 13% year-to-date. Whale wallets have been gradually increasing their holdings since a sharp accumulation phase began around March 13, when balances surged to above 771 trillion SHIB. Since April 1, whales have added another 2.02 trillion tokens worth approximately $12.16 million, pushing total holdings to 773.79 trillion.
The daily chart supports the case for a potential reversal and validates renewed whale interest. Between January 31 and April 5, price made a lower low while the Relative Strength Index (RSI), a momentum oscillator, made a higher low. That standard bullish divergence flashed on April 2 as well, and SHIB has since bounced before failing at the 0.382 Fibonacci level . The token now trades just above that level, sitting at $0.00000599.
However, meaningful resistance sits at $0.0000064, a level that has capped every recovery attempt since February 18. A clean close above that level would open the path toward $0.0000072 and higher. A fall below $0.0000057 would weaken the divergence setup and expose $0.0000052 as the next floor.
A close above $0.0000064 confirms whale-backed strength, while a break below $0.0000057 invalidates the divergence for now.
SPX6900 (SPX)
SPX6900 (SPX) sits near $0.28, up 6.51% on the day after crypto influencer Murad Mahmudov argued that SPX is stabilizing at the same market cap level where Dogecoin and Pepe consolidated before their explosive rallies.
The chart tells a more cautious story about this meme coin to watch. The daily timeframe shows a developing head and shoulders pattern. The neckline sits at $0.24. A confirmed break below that level would activate a 31% measured move target.
Chaikin Money Flow (CMF), a proxy for institutional buying and selling pressure, reads -0.17 and remains well below the zero line. That negative reading means big money has not been flowing in despite the price bounce. Until CMF crosses above zero, every rally risks forming the right shoulder of a bearish reversal pattern rather than the start of a sustained move.
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Any price peak toward $0.38 while CMF stays negative would complete the right shoulder and strengthen the bearish case. For the pattern to be invalidated, SPX would need to reclaim $0.35 with CMF turning positive. However, if it fails to hold above $0.29 and breaks the $0.24 neckline, the pattern projects a drop toward $0.22 and lower.
A reclaim of $0.35 with positive CMF weakens the head and shoulders formation and a move above $0.38 invalidates the bearishness altogether. However, a break below $0.24 activates a 31% downside target.
Pepe (PEPE)
Pepe (PEPE) is at $0.000003544, up 4% over the past 30 days and 6% over the past seven days. Among the meme coins to watch this week, PEPE shows the most aligned setup between whale activity and chart structure.
On-chain data from Santiment reveals a sharp spike in whale holdings on April 5, jumping from 186.91 trillion to 188.14 trillion PEPE. That 1.23 trillion token increase worth roughly $4.36 million represents fresh accumulation rather than a redistribution between wallets, as the move coincides with a visible buying wick on the price chart.
The daily chart confirms the momentum shift. Between February 11 and April 2, price printed a lower low while RSI printed a higher low, forming a standard bullish divergence. Since the divergence completed, PEPE has rallied approximately 11% with whales adding incrementally between April 1 and April 5. The token now trades above the $0.0000032 support and is approaching the $0.0000036 resistance.
A close above $0.0000036 would confirm the breakout and target $0.0000043 at the next major technical level. Above that, the uptrend extends toward $0.0000047 and higher. A fall below $0.0000032 would weaken the divergence structure and open the path toward $0.0000031 and lower.
A close above $0.0000036 confirms the whale-backed rally has legs. However, a break below $0.0000032 would undermine the bullish divergence setup.
The post 3 Meme Coins To Watch In The Second Week Of April 2026 appeared first on BeInCrypto.

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