The post Is PEPE Coin Gearing Up For Bullish Breakout To $0.000025? appeared on BitcoinEthereumNews.com.

PEPE coin price is squeezed within a pennant pattern as buyers defend higher support levels. As overhead resistance thins and volume increases, signs in the market point to a continued increase in price. PEPE Coin Price Bullish Pennant Formation Analyst Clifton FX identified a bullish pennant formation on the 4-hour PEPE/USDT chart. This usually marks a continuation after a strong upward move. A pattern appeared in the chart where highs were falling and lows were rising, both headed toward a point near the top. PEPE Coin Price Chart Source: X Notably, the accumulation began as PEPE Coin price surged strongly upward. Structurally, the pennant seemed clear, pointing to bulls being in charge while small losses and hesitation created short draws. Consequently, if PEPE moves up above the upper trendline in high volume, it may surge by 50% to 100%. According to the measured move, the target is between $0.000016 and $0.000019. Additionally, the momentum leading to this point and the tight pennant suggest a strong chance for upside. However, a failed breakout may push PEPE below the key level of $0.0000086, making the earlier rally invalid. Sell Wall at $0.0000137 Remains a Key Level to Watch According to Analyst CW, PEPE coin price has crossed a crucial resistance zone at $0.0000137, acting as the main sell wall. This area has consistently stopped the price from making a decisive breakout. PEPE Coin Price Chart Source: X In addition, the chart indicated that below this level, volume was rising. This demonstrated that buyers are fighting to prevent dips and getting ready for another surge. Volume appeared to be gradually building, signaling a shift in momentum toward bulls if resistance is broken cleanly. CW noted that after PEPE Coin price gets past the resistance, the next big sell point is at around $0.000025.…

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Filed under: News - @ May 22, 2025 5:28 pm