$PEPE /USDT SHOWING SIGNS OF SHORT-TERM STRENGTH WITH POTENTIAL BREAKOUT SETUP
$PEPE /USDT is currently trading at $0.00001107, up +2.50% in the last 24 hours, signaling mild bullish momentum. The price has rebounded from a 24h low of $0.00001057 and is approaching resistance levels around $0.00001131.
Volume analysis shows strong activity with 17.89T PEPE traded, suggesting active interest. The 15-minute and 1-hour candles are showing higher lows, indicating accumulation. However, we’re still below key resistance formed during the recent 20% drop over the last 30 days.
If bulls can maintain momentum and break above the $0.00001130–$0.00001135 resistance zone with volume confirmation, a short-term rally could target the $0.00001170–$0.00001200 range. On the downside, if $0.00001100 fails to hold, expect retests of $0.00001060 support.
Conclusion: PEPE is showing resilience after recent downside but needs a clean breakout to confirm bullish reversal. Watch volume closely at resistance levels.
