- PEPEUSDT breaks out of the symmetrical triangle signaling strong bullish momentum.
- Key support levels at 0.00000481 and 0.00000470 will guide trades.
- Market cap surpasses $2B, which indicates renewed investor confidence and liquidity influx.
PEPEUSDT shows a clear bullish breakout after weeks of compression inside a symmetrical triangle. Traders are observing rising support and descending resistance for potential upside continuation and structured trade setups.
Bullish Breakout Patterns and Price Structure
PEPEUSDT recently broke out from a symmetrical triangle that formed during December. The price remains compressed between a descending resistance trendline and rising support. This is showing signs of low volatility and indecision.
A strong bullish candle marked the breakout and closed decisively above the triangle, signaling that buyers had overwhelmed sellers. The breakout is not a weak wick but a full body close.
According to CryptoBull_360’s, the measured move from the triangle’s widest range targets approximately 0.00625–0.00638. This represents about a 14% potential upside, consistent with a continuation move in meme-driven derivatives.
The red horizontal line on the chart represents a prior support-resistance flip zone. After the breakout, price moved impulsively upward, confirming the level as reclaimed support. Risk is clearly defined below the breakout zone, offering a high risk-to-reward setup for traders.
Support, Resistance, and Trade Considerations
PEPEUSDT current resistance is at 0.00000507 an area that traders are monitoring for potential pullbacks to key supports at 0.00000481 and 0.00000470 for long entries. Bullish reversal patterns have been observed in these areas could indicate continuation toward higher targets.
Bulls need to confirm a break above 0.00000507 with a strong bullish candle to continue the trend. Traders are targeting levels near 0.00000550 with their stop-loss order losses below major swing lows as they manage risk.
The overall trend remains bullish as long as PEPEUSDT maintains price above 0.00000470. Falling below this level with bearish confirmation may lead to a retracement toward 0.00000433. Close observation of market reactions at these support levels is essential.
Market Cap Behavior and Momentum Analysis
Over the past week, PEPEUSDT’s market cap oscillated between $1.7B and $1.8B, showing low volatility and accumulation. Buyers absorbed supply without aggressive price chasing during this phase.
From January 1–2, market cap surged above the prior range, reaching over $2.2B. This upward expansion reflects increased liquidity, short covering, and momentum trading entering simultaneously.
CryptoBull_360 noted that the rally shows minimal retracement after the initial surge. Price consolidation occurred briefly before continuing higher. Volume expansion at the base supports the legitimacy of the breakout, while reclaiming the $2B market cap acts as a psychological and sentiment trigger.
