$PEPE breakout appears imminent - AMBCrypto Analytics

PEPE is currently trading within a symmetrical triangle, indicating it has entered a new accumulation phase as buyers gradually increase their holdings. This follows the breakout from a larger symmetrical triangle, signaling a potential rally. Should PEPE break out from its current pattern, the next price target could reach $0.00001725, representing the peak of the previous formation.

Technical indicators point toward an imminent breakout. The Accumulation/Distribution (A/D) indicator shows increased buying activity, with an upward trend confirming bullish sentiment. The RSI has also started to rise, reaching 59.41, suggesting buyers are gaining control. Both indicators highlight strong market optimism, increasing the likelihood of a price rally in the near future.