- PEPE confirms bullish trend with volume surge and successful retest.
- Technical structure supports price climb toward next resistance target.
PEPE has gained attention after a strong technical breakout confirmed bullish momentum on both the daily and 4-hour charts. Analysts report a classic “cup and handle” pattern on the 1-day timeframe, signaling continued upward potential.
Cup and Handle Breakout Confirms Bullish Structure
Analysis from CryptoJack, PEPE formed a well-defined cup and handle pattern between February and June 2025. The cup spanned February to May, with the handle developing as a downward channel through June. On the 1-day chart, a breakout from the handle occurred recently, driving the price sharply higher.
CryptoJack noted that the price action is “going according to plan,” pointing to a 38% surge post-breakout. The pattern, confirmed by rising volume, supports the case for a continued upward trend. This bullish setup has put the asset on traders’ radars, with new resistance levels now in focus.
4H Chart: Rising Channel Breakout Pushes Toward Key Resistance
On the 4-hour timeframe, PEPE/USDT broke out from a rising channel on July 10. A large bullish candle and an increase in trading volume confirmed the move. The price jumped from below $0.00000100 to over $0.00000130 during the breakout phase.
After the breakout, a successful retest near the $0.00000120 zone held as firm support. At the time of reporting, PEPE is consolidating just below resistance between $0.00000135 and $0.00000140.
Analysts suggest that a clear breakout above this area could trigger another upward leg toward $0.00000150. The setup offers a favorable risk-to-reward ratio with stop-losses placed below the resistance zone.
What to Expect Next for PEPE Price Movement
PEPE is currently trading at $0.00001365, marking a 6.04% gain over the past 24 hours. Analysts remain focused on the resistance between $0.00000135 and $0.00000140. A confirmed break above this level could open the path toward the $0.00000150 target.
Traders are monitoring price behavior closely as bullish momentum holds. Continued consolidation above support and a push through resistance would further validate the current bullish outlook. As technical patterns align across timeframes, PEPE remains a key chart to watch in the coming sessions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
