🟢 $PEPE

Can Reach a New ATH Soon – Is It Time to Buy, Hold, or Sell?

I have been following the 1D chart of $PEPE and it is finally forming into a setup worth paying attention to. After defending the support of 0.00000974, the price is consolidating around 0.00001017 and forming what appears to be an ascending triangle pattern. That pattern generally signals a bullish continuation, especially when the volume starts to increase as it has in the last 24 hours.

The EMA(7) short is curving towards the EMA(25), and if that intersection is confirmed, it adds another layer of momentum. The horizontal resistance of the triangle is around 0.00001120—a clean breakout there with strong volume would put 0.00001600 as the next target, and beyond that, the conversation returns to the levels of a new ATH.

On the downside, if $PEPE fails to break out and loses the zone of 0.00000950–0.00000970, the ascending triangle turns into a failed breakout pattern, which could drag the price back into a wider consolidation range.

For me, the structure leans towards optimism as long as the support holds and the volume accumulates. I see this as a hold and accumulate scenario on dips, as the chart is showing early signs of breakout pressure rather than breakdown.