$PEPE Holds Symmetrical Triangle as Price Action Remains Tight

Key Points

• $PEPE trades near $0.000009185, coiling tightly within Bollinger Bands and key triangle support.
• Breakout targets sit at $0.000010865 and $0.000016524, while $0.00000832 remains critical support.
• Weak volume and bearish MACD weigh on momentum despite oversold CRSI signaling reversal potential.

Pepe trades near $0.000009185, showing a slight hourly gain but still down over 13% across the week. Analyst Chris McCrypto highlights that the token remains intact within a symmetrical triangle, coiling tightly inside Bollinger Bands.

He notes the structure mirrors long sideways stretches from 2023 and early 2024, marked by low-volatility consolidation. Such compression phases often precede sharp moves, leaving traders waiting for confirmation of the next trend.

McCrypto outlines breakout targets at $0.000010865, equal to a $50B market cap, and $0.000016524, close to $69B valuation. On the downside, he stresses that $0.00000832 is the key level that must hold for bulls to remain in control.

Meanwhile, analyst Chandler highlights repeated cycles of pullbacks into Fibonacci retracement zones between 0.236 and 0.618. He compares the present structure with the 2024 breakout, suggesting another parabolic move is possible if momentum returns.

Critical Levels Tested as Breakout Signals Diverge

Chandler also observes PEPE trading near 0.00000009277 on the 3D chart, consolidating just above a vital support zone. With RSI sitting mid-range, he notes the market has room to build fresh momentum.

He emphasizes the repeating fractal that closely resembles the last explosive rally, strengthening the probability of a bullish breakout. If history rhymes, he argues PEPE could target a significant rally that may retest or surpass prior highs.

At the same time, analyst Carl Moon sees $PEPE near $0.00000924, down more than 11% and testing weekly support. He points to confluence at the 0.786 Fibonacci retracement around $0.00000763 and the POC at $0.00000730.

Moon highlights oversold CRSI readings that suggest possible reversal potential but warns of weak trading volume and a bearish MACD. He concludes that only renewed activity or meme sector strength could lift PEPE toward $0.000013–$0.000018.