PEPE Technical Analysis: $0.00001250 Next Stop
PEPE price is in a recovery phase after a downtrend, showing a bullish breakout from an ascending triangle pattern. The upward price movement and breakout above resistance suggest further bullish momentum with key resistance levels around $0.000001269 and beyond.
On the flip side, PEPE may find support around $0.00000080 and $0.00000070 in case of a pullback.
The ascending triangle is a continuation pattern, and its breakout signals an impending upward move. The measured move (height of the pennant) targets a price of around $0.000001269, representing a 45.15% potential upside from the breakout level.
If the Pepe coin price falls below $0.00000080, it would signal market weakness, making the asset bearish. PEPE price would find lower support around $0.00000070.
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