$PEPE โ Weekly Breakout Setup Forming
$PEPE is trading at 0.00001230 and showing signs of a bullish breakout from a long consolidation. The weekly chart highlights an ascending base, with price approaching key Fibonacci levels.
๐ Bullish Targets:
First resistance at 0.00002341 (Fib 0.786).
Extended targets: 0.00003381 โ 0.00003719 (+150% to +200%).
๐ Bullish Confirmation:
A weekly close above 0.00002341 would signal strong upside momentum.
Volume increase would validate the breakout.
๐ Risk to Watch:
Failure to hold above the trendline could trigger a pullback toward 0.00001086 support.
๐ก Tip: Fibonacci extensions can help identify profit zones during strong trends.
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