$PEPE is trading at the upper boundary of a wedge pattern, which often foreshadows a rise. However, the token must establish itself above $0.00001497 (the 0.382 Fibonacci extension level). A confident breakthrough of this key resistance will provide additional confirmation. In this case, the price could reach $0.000017 or move higher. If PEPE fails to maintain momentum and drops below $0.00001200, it may signal the beginning of a broader correction and the cancellation of the current bullish trend.