A clear cup-and-handle formation has emerged on PEPE’s daily chart, hinting at a potential bullish continuation. The handle is nearing completion, with price hovering just below the $0.00001580 resistance zone.
If this neckline breaks, a rally toward $0.000030 could follow. The Directional Movement Index supports the bullish case, with +DI at 35.3 well above -DI at 12.7, indicating strong buyer dominance.
Meanwhile, the ADX sits at 23.0, signaling a developing trend that still has room to strengthen. Therefore, a confirmed breakout could trigger accelerated upside momentum.#INDIANstock
