- PEPE holds above 1h200MA with rising lows, signaling strong intraday momentum as traders watch for breakout confirmation.
- The 15-minute setup offers a 3:1 reward-to-risk ratio if price rebounds from the demand zone and avoids invalidation at 0.000014412.
- Daily chart breakout from triangle pattern sets PEPE on track for a potential 122% gain if 0.00002000 resistance is tested next.
$PEPE is showing renewed bullish momentum following a confirmed structure on both intraday and daily charts. Analysts say the price setup may favor continued upside if key support levels hold.
Short-Term Setup Builds Technical Foundation
Source: Scient on X
As in the post above, bullish analyst Scient has provided his insights using a 15-minute chart. At the time of writing, PEPE trades near 0.000014870 after bouncing from a short-term support-resistance flip. The price is hovering above the 1h200MA, reinforcing a confluence zone for possible upward continuation.
According to the analyst, a blue demand box between 0.000014830 and 0.000014870 marks the DCA entry region. Below that, a red invalidation line at 0.000014412 defines the risk boundary. The upside projection leads toward 0.000016315, rewarding bulls nearly three times greater than the downside risk.
Equally important is the structure forming higher lows along a trendline, indicating potential for a stronger breakout attempt. In tracking price behavior, observers note the consolidation above the rising 200-period MA as a key bullish anchor. If price sustains this base, analysts believe a rally toward 0.000015200 and 0.000015600 is realistic in the near term.
Daily Chart Breakout Reinforces Bullish Outlook
That said, market observers are also closely watching the daily breakout identified by another bullish analyst, Bitcoinsensus. Yesterday, PEPE closed decisively above 0.00000900, confirming a structure break that ended a two-month range. Since then, daily candles have remained green, showing uninterrupted strength.
Source: X
What’s even more compelling is the breakout from a symmetrical triangle, which accelerated the bullish move. From the breakout base at 0.00000900 to the projected 0.00002000 target, the potential gain reaches 122%. Not only that, but the former resistance between 0.00000700 and 0.00000900 now acts as support.
Experts tracking the trend suggest momentum remains intact with no major pullbacks since early May. In observing chart behavior, traders see vertical movement that aligns with parabolic continuation patterns. On top of that, PEPE’s structure remains clean, with each leg climbing steadily on minimal volatility.
Traders’ Eye Key Confirmation Levels
Analysts now focus on a potential breakout above 0.000015600 to confirm strength toward the 0.00002000 zone. Below 0.000014412, scenarios weaken, making this level the critical line for invalidation. At the current pace, PEPE’s bullish structure remains valid—but confirmation at resistance remains key.
