#PEPE is trading around $0.00001305 โ€” down about 4โ€“5% in the last 24 hours, but still up 7โ€“8% on the week. Despite the short-term dip, there are growing signs that this meme coin could be setting up for another rally. Hereโ€™s whatโ€™s driving the excitement:

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๐Ÿ“Š 1. Technical Breakout: Falling Wedge Cracked#PEPE

#PEPE has officially broken out of a falling wedge pattern โ€” a classic signal of a potential bullish reversal.

The $0.00001000 support level has held strong despite multiple tests, acting as a clear floor for price action.

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๐Ÿ‹ 2. Whale Activity & On-Chain Strength

Whale wallets are accumulating โ€” large investors continue to buy.

Investor count is now over 463,000, showing steady demand growth.

#PEPE supply on Ethereum is decreasing, and exchange reserves are falling โ€” both signs of potential future price appreciation.

Smart money is circling โ€” this typically precedes stronger price moves.

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๐ŸŒ 3. #ETH Connection: Positive Correlation in Play

With Ethereum breaking past $3,600, PEPE is riding the wave. Analysts note a strong positive correlation between the two.

As #ETH gains momentum, memecoins like PEPE tend to follow โ€” especially when technical setups align.

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๐Ÿ”ฎ 4. Price Forecast: Where PEPE Might Go

Timeframe Target Price Range

Short-Term $0.000014 โ€“ $0.000015

Medium-Term $0.000020 โ€“ $0.000030

Long-Term $0.000050 โ€“ $0.000100

> Analyst Jake Gagain notes: If ETH hits $4,900, PEPE could reach a market cap of $15โ€“20B.

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โš ๏ธ 5. Risk Warning: Know What Youโ€™re Holding

High volatility is the name of the game โ€” quick swings both ways are normal.

Heavily tied to Ethereum โ€” if ETH corrects, PEPE may follow.

Formation failure risk: A drop below $0.00001100 could spark a sharper decline.

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๐Ÿงญ 6. Strategy Tips for Traders

Short-Term Bulls: Watch for daily closes #PEPE above $0.00001350. If that holds, next target: $0.00001450 โ€“ $0.00001500.

Medium-Term Bulls: If ETH keeps rising, PEPE could push toward $0.000020 โ€“ $0.000030.

#PEPE

Risk Management: Set stop-losses near $0.00001100 โ€“ $0.00001000.

Portfolio Tip: Pair PEPE positions with ETH or other top memecoins to hedge risk.

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โœ… Final Thoughts

PEPE is regaining bullish momentum, with chart breakouts, whale accumulation, and Ethereum strength all supporting the upside.

While short-term gains toward $0.000015 look possible, the medium-term outlook is even more exciting โ€” provided the broader market remains strong.

But remember: High reward = high risk. Manage positions carefully and stay updated.

๐Ÿ”” This is not financial advice. Always DYOR (Do Your