After breaking the level of $4,000 and currently stabilizing near $4,237 (the highest level since the end of 2024), the markets are experiencing a strong momentum wave and a return of meme coins to the forefront.

Leading with $PEPE 🐸, which is currently trading near 0.00001233 after a sharp rise over two days that wiped out weeks of poor performance.

🚀 This rise came after breaking the resistance level of 0.00001130, which has now turned into major support.

🔍 Current technical situation of PEPE

⏳ 4-hour interval: break of a downward trend line that has been ongoing since late July

📊 Breaking above 0.00001130 and 0.00001200 with strong green candles and high trading volumes.

📌 Next resistance: 0.00001320 – 0.00001350, breaking it could trigger a new upward wave.

📉 All exponential moving averages (20/50/100/200) are aligned upwards.

🎯 The 20 EMA at 0.00001129 as dynamic support.

📈 Bollinger Bands indicator is widening and the price is at the upper limit ➡ high buying pressure and increasing volatility.

📐 Technical formation and momentum

🥶 Weekly frame: Its target: $0.000023

📆 Daily frame: the price is within a broad symmetrical triangle pattern, pressing towards the upper limit.

✅ Breaking above 0.00001350 = bullish signal towards new local peaks.

💰 Net positive flows +$512K during 24 hours = return of accumulation.

🔎 RSI indicator on 30 minutes is near 70 (slight overbought without negative divergences).

📊 MACD is bullish + Supertrend has been green since 0.00001130.

📈 Indicator signals and volatility

📏 Expansion of Bollinger Bands + alignment of moving averages = ongoing high volatility.

📈 Surpassing 0.00001200 with a jump in volumes = strong interest from buyers.

💧 Daily MFI: 45.9 ➡ additional upward range before saturation.

⚡ Short-term forecast (24 hours)

🎯 Pivot resistance: 0.00001320 – 0.00001350.

🚀 Strong close above 0.00001350 with high volume ➡ potential targets: 0.00001450 – 0.00001550.

🛡 First support: 0.00001200 ➡ followed by 0.00001130, breaking these = drop towards 0.00001050 – 0.00000985.

📊 Medium-term outlook: Ethereum's impact

⬆ Ethereum's upward movements usually drive meme coins to rise.

🐸 PEPE is one of the prominent memes on the Ethereum network and is directly influenced by its momentum.

🧠 Psychological factor: Traders are moving towards meme coins in upward waves.

If Ethereum reaches $4,500+, it's hard for PEPE to stay out of the wave.

💡 Summary

✅ Technical situation is positive: breakouts + positive flows + support from Ethereum.

⚠ But: meme coins = high risks + rapid volatility ➡ timing of entry and exit is the most important factor.

⏳ The coming hours are critical to determine whether the rise is sustainable or just a temporary wave.

#ETHBreaks4000 #CryptoIn401k #USFedNewChair #Notcoin #USFedBTCReserve