• PEPE jumped past the 1300 level after weeks of tight range trading and saw a strong candle breakout.

  • Traders and holders flooded social media as the coin reclaimed a key resistance and gained momentum.

  • The move above 1300 may create new support zones if the price holds its ground over the next sessions.

PEPE token has officially broken the critical $0.000001300 resistance level, igniting renewed interest in the meme coin’s market trajectory. The sharp move comes after prolonged consolidation, pushing the token into fresh momentum territory amid rising trading volume and bullish sentiment.

Source: X PEPE Breaks Resistance, Reclaims Momentum

According to a 4-hour chart from Binance shared on July 11, 2025, PEPE/USDT has pierced the long-standing resistance at 1300. The chart revealed two horizontal orange lines, indicating key historical support and resistance zones between 0.000001227 and 0.000001300. The asset’s price at the time of breakout hovered around 0.000001321.

Market watchers closely tracking the coin noted a surge in buying volume leading up to the breakout. The breakout appeared to invalidate the prolonged downtrend that began in mid-June. The chart's significant upward candle, accompanied by high-volume bars, confirms a strong push from bulls reclaiming dominance.

The breakout also followed a period of consolidation below the 1300 level, suggesting accumulation by traders expecting a reversal. Many viewed the 1300 resistance as the key psychological barrier. A breach of this magnitude typically attracts both momentum traders and long-term holders anticipating continued upside.

Social Sentiment Amplifies Price Action

Twitter activity around PEPE spiked following the price move, with the hashtag #PEPE trending within crypto communities. A notable tweet from the account @Plazma on July 11 declared: "$PEPE breaking thru 1300." The post gained over 9,748 views and more than 600 interactions within hours, amplifying interest.

Comments under the tweet reflected optimism. Users like @MickMill called for higher targets, while @1995_efen hinted at a potential top 5 market cap entry. These public reactions have played a part in boosting visibility and investor sentiment around PEPE during its upward shift.

Additionally, influential community members and verified accounts joined the conversation. Responses like "LFG," "RIBBIT," and meme-based GIFs showcased retail enthusiasm. PEPE’s growing meme culture adds to its viral appeal, a common driver for memecoins during breakout phases.

With community support visible, traders may increasingly interpret social media engagement as a secondary indicator alongside technical patterns. The mix of data-driven analysis and real-time sentiment may shape the next direction for the token.

Technical Indicators Point to Short-Term Potential

Volume accumulation during the lead-up to the breakout supports a bullish short-term outlook. Based on the chart, PEPE previously failed at this resistance level multiple times during May and June. Each rejection marked a local top, leading to sustained pullbacks.

This breakout marks the first clean close above 1300 since early May. The candlestick pattern exhibits strong follow-through without significant wicks, suggesting low seller presence. This pattern often signals buyer confidence and continuation probability.

Simple moving averages, such as the SMA 10 and 50, show signs of a bullish crossover. While lagging indicators, such patterns often follow confirmed price structure shifts. Should PEPE hold above the previous resistance-turned-support at 1300, momentum may extend into higher zones.

With this move, a central question emerges: Can PEPE maintain its upward trajectory, or is this a temporary breakout amid meme coin volatility? The coming days will be pivotal as traders watch for confirmation or retracement.