#PEPE Faces Volatility — Can Bulls Push for a Strong Rally?
$PEPE (PEPE/USDT) has experienced significant volatility in recent weeks. After a classic bull flag breakout, the price seemed poised for a sharp upward move. However, a subsequent sell-off brought the price back to test and confirm the bottom of the flag, resulting in a 49% retracement from the peak.
At the moment, the price is beginning to rise from the solid horizontal support level at $0.000017. If $PEPE can break free from the flag pattern, bulls should remain cautious of a potential head-and-shoulders reversal pattern forming. If this pattern can be avoided, the key target would be the all-time high of $0.000028.
