$PEPE has been consolidating inside a symmetrical triangle since late last year, with price now pressing near the upper boundary. As the range narrows, volatility compression suggests a breakout is imminent.
📌 Key Insights
Triangle support and resistance are converging, trapping price.
A breakout above could trigger a strong bullish rally.
A breakdown would confirm bearish momentum.
Measured move target points to a possible 78% swing once direction is confirmed.
With the memecoin sitting right at the apex, traders should prepare for sharp movement either way. Breakouts from such tight ranges often define the next major trend.
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