PEPE Eyes $0.00001650 Target: Can It Maintain Bullish Momentum?

Bullish Signals for PEPE with Breakout Potential

PEPE's bullish pennant formation on the 4-hour chart suggests a potential breakout towards $0.00001650 if resistance at $0.00001350 is overcome.

Key support levels for PEPE are at $0.00001190 and $0.00001030. A drop below these levels could indicate a decline.

Current indicators show PEPE's Relative Strength Index (RSI) at 54.59 and its Moving Average Convergence Divergence (MACD) above the signal line, suggesting potential short-term bullish momentum.

Analyst Clifton Fx highlights that the PEPE meme coin is displaying promising technical signs, particularly the bullish pennant formation, which suggests further gains after a strong upward movement. The converging trend lines in this pattern create a triangular shape, indicating a potential breakout with significant price movement.