PEPE Could Soar 860% as Falling Wedge Sparks Bullish Move
The post PEPE Could Soar 860% as Falling Wedge Sparks Bullish Move appeared on BitcoinEthereumNews.com.
PEPE shows a steady recovery after a brief dip, followed by consolidation with higher lows and limited pullbacks. Buying pressure increased, gradually lifting the price above the $0.00000370 level. Momentum strengthened as sellers failed to push the price back into the lower range. Price moved toward $0.00000374, signaling growing bullish confidence. Volatility remained controlled, suggesting accumulation rather than distribution. The structure stays bullish while price holds above nearby support zones. Currently, PEPE is trading at $0.000003816, up by 4.42% for the past 24 hours. PEPE Poised for Major Breakout The weekly PEPE chart shared by analyst STEPH IS CRYPTO shows price compressing inside a large falling wedge. This pattern is defined by a descending resistance line and a gradually rising support trendline. After peaking near the $0.000028–$0.000030 region in 2025, PEPE has continued to print lower highs while steadily declining toward key support. The token is now trading around $0.000003688, sitting very close to the lower boundary of the wedge. This compression between $0.000014 and $0.0000036 support zone reflects sustained selling pressure. It also indicates tightening volatility. The green projection on the chart suggests a potential breakout for PEPE. If it breaks convincingly above the descending resistance, currently below the $0.000010 area, momentum could pick up. This move could trigger a sharp price increase. The analyst outlines potential upside of about 860%, which would bring the price back toward $0.000030. However, until PEPE reclaims resistance levels and secures a strong weekly close above the wedge, the broader structure remains technically bearish. The $0.0000036 zone acts as immediate support, while a confirmed breakout above the trendline would be the first signal of a possible trend reversal. PEPE Price Faces Continued Downtrend Amid Bearish Momentum The 1-day PEPE chart shows a prolonged downtrend, with the price declining from recent highs near $0.00000550…
Filed under: News - @ February 13, 2026 6:25 pm