- PEPE eyes a 250% surge after breaking a bearish channel, with bullish structure and higher lows forming since April 10.
- Historical breakout patterns and preserved support zones reinforce PEPE’s potential rally to the projected $0.00001930 target.
- PEPE trades in a tight bullish range near $0.00000750, with compression and volume build-up hinting at a strong upside breakout.
PEPE’s price action has turned decisively bullish in April 2025, signaling a potential rally mirroring its October 2024 breakout. Currently trading at $0.00000740, the token broke out of a descending channel, shifting sentiment to the upside. Besides, the latest move aligns with historical price behavior, where previous breakouts led to rallies.
Technical indicators point to renewed bullish pressure, with higher lows forming consistently since April 10. The price has respected key support zones, which have remained unbroken during each pullback. If momentum holds, PEPE could extend its current run toward the projected target at $0.00001930.
Symmetrical Triangle Breakout Sparks Long-Term Optimism
In late 2024, PEPE broke out from a symmetrical triangle after months of compression. The breakout led to a vertical surge from $0.00000640 to $0.00001516, marking a 143.22% move. Hence, this historical breakout forms the basis for the current price projection of $0.00001930 — a 253.79% rally from the recent breakout point. Moreover, the technical structure remains clean, with clear invalidations of descending resistance lines. Consequently, the breakout has regained investor confidence and triggered renewed interest.
Additionally, strong support zones from earlier consolidation phases remain intact. These areas have helped maintain the broader bullish trend structure despite the prior correction. The pattern of descending resistance followed by explosive moves further strengthens the bullish case. Each significant rally occurred after extended consolidation, supporting the idea of a continuation setup.
Bullish Pressure Builds Within Hourly Resistance Range
On the hourly time, PEPE trades within a tight range between $0.00000700 and $0.00000750. The price has tested the upper resistance zone multiple times since April 13. However, it has failed to produce a decisive breakout. Despite repeated rejections, higher lows indicate growing bullish momentum. Buyers continue to defend the $0.00000700 support with conviction. Besides, price compression within the range suggests an upcoming move.
Significantly, a clean break above $0.00000750 may unlock the next leg up toward $0.00000780 and beyond. Until then, price remains range-bound with bullish bias intact. Moreover, if volume increases on the breakout, the rally could accelerate quickly.
