On the daily chart,
$PEPE is pushing up against the upper boundary of its falling wedge a pattern that often signals a bullish breakout once breached. After bouncing from the wedge’s lower support, momentum is gradually picking up.
A decisive breakout and hold above the wedge resistance, backed by strong volume, could spark a sharp move to the upside as liquidity returns. But without confirmation,PEPE may remain stuck in consolidation within the wedge for a while longer.
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