If the pattern plays out, PEPE could target $0.00001086 — the 78.6% Fibonacci retracement of the XA leg — as the immediate upside. This would represent a roughly 13% rally from current levels. If the broader crypto sentiment remains bullish, the price could extend further to the 1.0 Fibonacci projection at $0.00001156, translating to a 21% potential upside.

However, a failure to hold above the $0.00000893 support area could invalidate the bullish outlook in the short term, opening the door to further consolidation or even a pullback before any sustainable rally resumes.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.$PEPE