- PEPE affirms upward movement since the 4H chart of PEPE has broken a symmetrical triangle of strong volume and moving average support.
- Price stability above 0.0000100 reinforces short-term bullish control with upside targets set at 0.0000106 and 0.0000108.
- The trading volume increased by 25% to $683M and the bullish sentiment is at 87 indicating a high level of participation and confidence in the market.
On the 4-hour chart, PEPE has broken out of a symmetrical triangle formation, which supports short-term bullish momentum. The breakout was on high volume indicating new strength after some consolidations. The technical structure and market activity are now indicating a positive target of $0.0000106 to $0.0000108.
Technical Structure and Breakout Zone
The symmetrical triangle observed in PEPE/USDT reflected a period of tightening price action before a decisive breakout. The chart shared by Alpha Crypto Signal (@alphacryptosign) confirmed this development, with converging trendlines marking the contraction phase. The breakout candle was accompanied by more volume confirming that the move was market driven as opposed to speculative.
At the moment, PEPE is above 9-period Exponential Moving Average (EMA) and Simple Moving average (SMA) 50-period. This movement supports bullish dominance with the 9 EMA providing direct defense and the 50 SMA providing indirect defense. In the past, this cross over construction has been followed by more robust price growth in meme coin movements.
The critical level to be kept track of is the breakout zone of $0.0000100 to $0.0000101.A retest of this zone could offer a higher low setup. If defended successfully, such a move would provide traders with a continuation confirmation. Sustaining closes above this level keeps the bullish case intact.
Volume Dynamics and Market Activity
Trading volume behavior supports the breakout structure. The initial surge in volume during the breakout confirmed real participation behind the move. Following this, a moderate decline in volume on short pullbacks suggested healthy consolidation rather than weakness. If volume expands again near resistance, continuation momentum could strengthen.
Market activity data reflects rising engagement. The trading volume rose by 25.03% to $683 million every day and the market capitalization rose to $4.3 billion. These numbers point to the increasing liquidity and widening of market participation, which contributes to the technical perspective.
PEPE is trading at approximately $0.00001022 which represents a 4.62% increase in 24 hours. This climb reflects consistent higher lows and stable intraday consolidations. Such structure typically signals disciplined accumulation, giving the trend more room for upside extension.
Sentiment and Short-Term Targets
Community sentiment is still very strong towards the bullish case. Trader polls indicate that 87% of those surveyed have a bullish view regarding PEPE. This confidence is a supplement to technical strength and enhances the prospects of further continuation.
The short-term resistance is at $0.0000106 and $0.0000108. On a firm raise beyond $0.0000108, there could be an opening to $0.0000113-$0.0000115 and the current upswing could be resumed. Additionally, the bulls are dominating and their stability is over $0.0000100 and this protects the breakout structure.
But an incapacity to protect $0.0000098 would leave $0.0000095 defenseless. Momentum indicators and firm price action are positive signals so far, since sellers are still able to take profits effectively without significant reversal.
