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Thoughts on
$PEPE on the HTF has broken out of the ascending triangle and followed it up with some strong god candles. It also cleared the horizontal resistance zone with momentum.
If $PEPE retraces slightly from here, it would complete a clean retest of the breakout level — and that’s where we can look to enter a long position. Structure is bullish, momentum is solid — just waiting for that perfect entry.
$PEPE, the popular meme coin inspired by the iconic frog character, continues to ride the wave of speculative hype and community-driven momentum. Despite being born from internet culture, PEPE has carved a niche in the meme coin market with impressive trading volume and viral social media traction. Its recent surge has caught the attention of both retail and speculative investors, hoping to capitalize on another meme coin explosion. While lacking fundamental utility, its strength lies in meme power and community engagement.
