PEPE token recently showed bullish momentum, forming a golden cross as the 50-day moving average crossed above the 200-day. This technical signal often precedes strong upward trends. The token is trading near key resistance around $0.0000098, with potential upside toward $0.000011 if this level is broken. Support lies near $0.0000089. Increased on-chain activity and whale accumulation further suggest bullish sentiment. However, PEPE remains vulnerable to broader crypto market shifts, especially if Bitcoin weakens. Analysts remain cautiously optimistic, projecting short-term gains if current support holds. A sustained breakout could trigger another meme coin rally, but investors should watch for volatility near resistance. Overall, sentiment is positive but closely tied to market-wide trends.

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