PEPE Shows Sharp Price Spike After Prolonged Consolidation
PEPE has recorded a sudden and significant price surge, as observed on the recent chart, following an extended period of sideways movement. The asset had been trading in a tight consolidation range, indicating reduced volatility and potential accumulation.
The latest price action shows a strong bullish breakout, marked by a near-vertical upward move. Such price behavior typically reflects increased market participation, potentially driven by short-term momentum traders or large buy orders entering the market.
