TL;DR
PEPE forms a tightening triangle pattern, with analysts predicting a potential 78% breakout move.
A repeat wedge setup signals a possible 300% rally if resistance breaks, echoing late 2024 price action.
CoinGlass data shows heavy short exposure between $0.0000119 and $0.0000128, raising short squeeze breakout potential.
Price Holds Steady Near Breakout Zone
PEPE is trading at $0.00001135, up 4% over the past 24 hours and 7% weekly. Daily trading volume is close to $958 million, showing strong market participation.
On the chart, PEPE is forming a symmetrical triangle, a structure that often develops during periods of price compression. The asset has been making lower highs and higher lows over several months, tightening the range. The most recent level of $0.00001087 places the token close to the triangle’s apex.
Analyst Ali Martinez posted, “$PEPE readies for a 78% price move!” referring to the current chart setup. Symmetrical triangles typically precede sharp moves, but
We współpracy z: https://cryptopotato.com/will-pepe-rocket-78-analyst-predicts-major-move/
