The $PEPE /USDT chart shows strong bullish momentum, with the current price at $0.00000822, reflecting a 15.13% increase in the last 24 hours. PEPE reached a 24-hour high of $0.00000827 and a low of $0.00000705, indicating a sharp upward rally after bouncing off from a lower support level of $0.00000699. This upward momentum suggests a significant buying interest that has driven the price higher within a short period.
On the 4-hour chart, PEPE has consistently formed higher lows, confirming a clear bullish trend. The price is currently testing resistance at $0.00000827. If the price manages to break through this resistance, the next target could be around $0.00000850 or even higher. A successful breakout above this resistance would further confirm the bullish trend and likely attract more buyers into the market.
However, if the price faces resistance and retraces, there is potential support around $0.00000786 and $0.00000740. A pullback to these levels could provide buying opportunities for traders looking to enter at lower prices. As long as PEPE holds above key support levels, the overall sentiment remains bullish, and further upside potential is possible. Traders should monitor volume spikes to confirm the strength of the breakout or any potential reversal.
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