The popular memecoin $PEPE is once again capturing market attention as a surge in investor interest, heightened on-chain activity, and whale accumulation suggests a potential for renewed bullish momentum. Technical indicators are aligning with on-chain metrics, pointing toward the possibility of a significant upward move in the near future.

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Key Resistance Levels: $0.000013 and $0.000015

PEPE is currently testing critical resistance zones at $0.000013 and $0.000015. These levels have become key battlegrounds for bulls and bears alike. The recent surge in trading volume and broader distribution interest signal growing bullish sentiment. A decisive breakout above these levels could pave the way toward higher price targets.

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Breakout Range: $0.000020–$0.000025

The price band between $0.000020 and $0.000025 is emerging as a critical breakout zone. A sustained move above this range could mark the beginning of a new bull cycle for PEPE. According to expert analysis from CryptoELITES, the token has the potential to deliver a 40x return by November, amplifying investor expectations.

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Technical Indicators: RSI and MACD Support Bullish Outlook

RSI (Relative Strength Index): Currently rising, yet not in the overbought territory. This suggests that the uptrend may be both healthy and sustainable.

MACD (Moving Average Convergence Divergence): Recently flipped into positive territory, reinforcing bullish momentum. The indicator’s pattern mirrors previous bullish cycles, hinting at potential further gains.

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Whale Accumulation and Volume Surge: 1,100% Increase

PEPE’s 24-hour trading volume has skyrocketed from $600 million to $7.6 billion, reflecting a 1,100% increase. This dramatic rise underscores renewed interest from both retail and institutional investors. Concurrently, on-chain data reveals that whales are once again accumulating PEPE, a historically bullish signal.

This activity is occurring without signs of overbought conditions, creating a favorable environment for continued price appreciation. Analysts note that such market behavior often precedes sustained uptrends lasting several days or even weeks.

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All-Time High in Sight: $0.00002803 and Beyond

#PEPE‏ is eyeing a potential return to its all-time high of $0.00002803, last reached in January 2025. Bullish projections even hint at a push beyond this level, with some market forecasts speculating on the long-term possibility of a $1 target. However, this scenario would likely depend on factors such as tokenomics (e.g., burn rate) and broader macroeconomic influences.

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Outlook: Bullish Momentum Accelerates

In summary, PEPE is exhibiting strong bullish signals across both technical and fundamental indicators. The combination of increased trading volume, whale accumulation, and supportive technical metrics positions the token for a potential breakout. Should the $0.000015 resistance level be breached convincingly, the next target range of $0.000020–$0.000025 could soon come into play, with eyes set on retesting—and potentially surpassing—previous highs.

#PEPE‏ #pepe⚡ #TradingStrategyMistakes #ArbitrageTradingStrategy