- $PEPE surged 25% weekly and now approaches a major sell wall at $0.0000127, where clustered sell orders form strong resistance.
- Support levels remain intact near $0.00001070 and a broader cushion at $0.00000925–$0.00000975, zones where buyers have historically reappeared.
- Technical charts reveal a triangle pattern with support at $0.00001145, pointing toward $0.00001786 as potential target if buyers sustain control.
$PEPE approached a crucial price area after a sharp rally lifted the token more than 13% in 24 hours and 25% weekly. The surge has brought it closer to a major sell wall at $0.0000127.
Resistance Zones Create Near-Term Test
Pepe Whale stated that $PEPE was trading near $0.00001214 after the recent rally. The token is now facing its first sell wall at $0.0000127, where clustered orders may restrict further upside movement. Unless demand increases, this zone could act as strong resistance.
If bulls push price through $0.0000127, the next resistance levels are projected between $0.0000131 and $0.0000145. Both have previously served as supply zones in earlier upward moves. Traders are watching this band closely as momentum develops.
Any break out above these levels would expand gains to $0.000015. But the inability to push past $0.0000127 can cause some short term corrections then another push.
Support Zones Remain Intact
Support is still evident near $0.00001070, where the last consolidation phase occurred before the recent advance. This level continues to provide buyers with a short-term safety zone. Price action in this area has shown repeated recoveries.
A broader demand cushion lies between $0.00000925 and $0.00000975. Historically, this band has attracted renewed buying pressure, preventing deeper declines. Traders see it as a critical foundation for any sustained rally.
Maintaining strength above these zones is vital to preserving the structure of the current bullish setup. A loss of this footing may weaken near-term optimism.
Technical Patterns Point to Building Pressure
The three-day chart reveals a triangle structure forming, with converging trendlines directing attention toward a possible breakout. Support holds near $0.00001145, while a descending ceiling continues to cap upward attempts.
If the structure holds, analysts note that $0.00001786 becomes the next upside target once buyers confirm broader control. The formation suggests growing pressure that could release in either direction.
Momentum indicators add further context. The Stochastic RSI suggests increasing values at 73.83 and 43.16, indicating buying interest is growing. Volume has also increased in the current movement, indicating strong participation. We are looking for price to stay above $0.00001145 to be in pattern below.
