Something’s brewing and it’s not business as usual. PEPE just poked its nose out from a falling-wedge, currently testing the $1.00–$1.05 zone—a battleground of bulls and bears. If buyers force a breakout above the wedge’s resistance, the first stop could be at roughly $11.84, and if that carries, supply zones near $12.40–$12.71 are in play. On the flip side, losing the $0.94 level would wipe out the bullish thesis and likely trigger a cascade of stops.
It’s classic. You want to jump in—but too early and you get burned. Waiting for confirmation isn’t sexy—but it’s smart. The chart is coiling, the move is imminent. And make no mistake: the next twist could define the rest of the run.
Stay sharp, and only act when the setup screams high-probability.
