$PEPE READY FOR A CHANNEL BREAKOUT.
$PEPE is forming higher lows while consolidating along the lower boundary of its ascending parallel channel.
Accumulation near the support line reflects strong buyer interest, with the price compressing before a potential move. A sustained push above local resistance could send PEPE toward the 0.00000125 zone marked by the upper channel line. This phase resembles a spring before a parabolic move.
OVERALL TREND DIRECTION: bullish
TARGET WATCH: 0.00000125 aligns with channel resistance and rising structure.