🟢 $PEPE Technical Analysis: Bullish Surge on July 16, 2025 🚀🐸

Current Price: ~$0.00001332

24H Change: +6.2% to +9.04% (riding meme coin momentum)

Market Cap: ~$5.46B

24H Volume: Surged to over 4.6 trillion PEPE traded — highest in weeks

Sentiment: 🔥 Bullish — crowd chatter exploding, whale wallets accumulating

$PEPE is waking up strong today, pushing through key resistance at $0.00001200 with confidence. Higher lows, bullish Heikin Ashi candles, and a breakout from a 3-day wedge pattern suggest the frog-themed memecoin isn’t done yet.

Price action is holding well above its 20 EMA and 50 EMA, with a golden cross forming on the 4H chart — a time-tested bullish signal. On-chain data shows exchange balances dropping ~2.6%, while whale wallets are loading up.

🔍 Key Technical Indicators:

• Trend: Medium-term rising channel ✅

• Chart Pattern: Golden cross forming (50EMA crossing 200EMA) 💥

• Volume: Explosive — +430% in 24h volume spike, confirming move

• Indicators:

• RSI: ~64 (strong but not overbought)

• MACD: Bullish crossover confirmed

• Oscillator rating: "Strong Buy" today

• Support: $0.00001240–$0.00001200

• Resistance: Immediate: $0.00001350 | Next: $0.00001400+

• Target Range: $0.00001485 – $0.00001700 if breakout holds

🧠 Market Behavior & Sentiment:

“Parabolic run incoming,” “next leg starts now,” “PEPE is leading the memecoin meta” — bullish sentiment is loud across X and Telegram.

The Memecoin Index is up 7% today, with PEPE leading the pack. Over the past week, PEPE is up +21.6%, and +32% from local lows — reflecting aggressive whale accumulation & retail FOMO.

🎯 Trade Strategy:

• Entry zones: Dip toward $0.00001250–1240 (support + EMA confluence)

• Breakout entry: Above $0.00001350 with confirmation

• Short-Term Targets:

• T1: $0.00001385

• T2: $0.00001475

• Moonshot Target: $0.00001700 (potential +30% upside)

• Stop Loss: $0.00001210 (below EMA support)

⚠️ Watch $BTC breakout

#PEPE‏ #CryptoAnalysis #MemeCoinSeason #AltSeason2025 #CoinBreakout