$PEPE is currently consolidating inside a symmetrical triangle, holding above the support trendline. The Ichimoku cloud is providing resistance overhead.

A breakout above both the cloud and the triangle’s upper trendline would signal a bullish reversal, whereas a drop below support could trigger a deeper correction.

Meanwhile, traders looking for new opportunities might want to note BingX's ongoing NodeOps engagement initiative. The CEX's NodeOps community event, where participants can engage with the project's social content for a chance to earn $NODE tokens.

For active traders, this presents an interesting confluence. While monitoring PEPE's technical developments for potential trading signals, there's also an opportunity to participate in the NodeOps community initiative running until July 7. The event requires social media engagement and submission of #BingX UID details, with selected participants receiving token allocations.

This combination of technical market action and exchange-based community events highlights the dynamic nature of crypto, where chart patterns and platform initiatives can offer complementary opportunities for engaged market participants.