$PEPE

This weekly chart of the PEPE/BRL pair shows interesting signs:

1. Recent Uptrend with Increasing Volume

The current candle rose +18.46% and broke the resistance at 0.00005281, indicating buyer strength.

Volume has been increasing in recent weeks, which reinforces the validity of the uptrend.

2. Next Strong Resistance

The region of 0.00006310 is a critical resistance. It is aligned with:

The EMA 20 (20-period exponential moving average), which is still serving as a barrier.

An old broken support zone, now acting as resistance.

3. Important Supports

0.00005281: immediate support (old broken resistance).

0.00004292: stronger support, used as the base of the double bottom.

4. Possible Double Bottom

The price seems to have formed a double bottom at 0.00004292, with a reversal attempt confirmed by breaking the neckline (0.00005281).

5. Possible Target

If it breaks the 0.00006310 zone with strength and volume, the next target could be at 0.00008301 and then 0.00012658.