The $PEPE /USDT chart shows a significant bullish rally, with PEPE currently trading at $0.00000806, up by 13.36% in the last 24 hours. The price has reached a 24-hour high at $0.00000806, and the low was recorded at $0.00000699. This sharp increase in price indicates strong buying pressure, as PEPE has surged from a key support level near $0.00000700. The breakout past $0.00000772 has paved the way for further gains, with momentum clearly favoring the bulls.

Looking at the 4-hour chart, PEPE is testing resistance near $0.00000812. If it successfully breaks above this level, the next key resistance is likely to be at $0.00000850, where traders might look to lock in profits. On the downside, immediate support can be found around $0.00000772, which was previously a resistance level and now could act as support if the price pulls back.

Should PEPE face rejection at the current resistance, traders could expect a short-term retracement, possibly down to the $0.00000733 area, where it last consolidated before the breakout. Volume remains high, suggesting that the move is supported by strong market participation. A successful breakout above $0.00000812 could further fuel bullish sentiment, but cautious traders may want to watch for confirmation before entering new positions.

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