$PEPE is currently trading at 0.00001028 USDT, situated between key support at 0.00000975 and resistance at 0.00001041.
The price action suggests a bullish market structure as it hovers near resistance with considerable trading volume of 425.28 billion.
A breakout strategy above 0.00001041 could present a lucrative entry point, given the RSI is neutral at 53.07, indicating room for upside.
However, traders should remain vigilant of Bitcoin's price fluctuations and any macroeconomic events that could impact sentiment.
