PEPE is testing a crucial resistance level.
Trading volume is rising but lacks a breakout spike.
A confirmed move above $0.0000135 could spark momentum.
PEPE has caught the attention of crypto traders again, as it hovers near a critical resistance level. The meme coin hasn’t broken out yet, but the chart tells an interesting story that hints at a possible major move ahead.
For now, the price action remains squeezed beneath a key resistance at $0.0000135, a level that has seen multiple failed breakout attempts. Each time the price pushed above, it was swiftly rejected, signaling strong seller presence—but also a level the market clearly respects.
Volume and Resistance: Tension Builds
An increase in trading volume (highlighted in orange) suggests growing interest. However, the volume spike isn’t quite strong enough yet to confirm a breakout. The market appears to be waiting for a catalyst, possibly from Ethereum (ETH), which often influences meme coins like PEPE.
The three recent wicks that pierced above the resistance line were quickly pushed back, signaling that while bulls are testing the waters, bears are still in control—for now. However, this also confirms that traders are watching this level closely, which could mean a surge in momentum if it’s finally broken.
PEPE still has not broken out. BUT, it is right on the line.
Volume (orange box) is elevated but no big spike yet.
Resistance (orange line) is holding, 3 wicks above were quickly smashed back down. BUT, this does reveal that the market cares a lot about this level.
Watch… pic.twitter.com/HlWF3jABbO
— Lark Davis (@TheCryptoLark) July 19, 2025
What to Watch Next
If PEPE breaks and closes above the $0.0000135 resistance level with strong volume support, this could confirm a bullish breakout. Traders are eyeing this zone for confirmation. The next potential move might mirror other altcoins gaining traction following ETH’s positive movement.
Platforms like BITUNIX are promoting PEPE trading with no KYC restrictions, appealing to global traders who value privacy. They’re also offering incentives like a $400 deposit bonus and up to $9,000 in trading rewards.
As the market tightens and traders prepare for potential movement, PEPE remains one of the top meme coins to watch in the coming days.
Read Also :
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Ethereum Sees Rare Premium as U.S. Whales Accumulate
BlackRock Acquires $406M Worth of Ethereum
Altcoin Market Cap Nears ATH, Altseason Incoming?
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