$PEPE is showing encouraging signs of a potential breakout. The coin recently broke out of a descending channel, gaining 11% after being listed on the Upbit exchange. Technical indicators suggest it is nearing its 20-day exponential moving average (EMA), a signal that could point to a positive trend.
Moreover, technical analysis reveals that PEPE has been on an upward trajectory since February, breaking both horizontal and diagonal resistance levels. If this momentum continues, there could be further gains ahead for the cryptocurrency.
