PEPE recently rebounded off key support and broke above $0.00001, signalling a potential breakout backed by bullish patterns and whale activity.
PEPE is holding support around $0.0000096, and on July 7th, on the 30th June PEPE surged past the $0.00001 psychological barrier—rising into the $0.0000103–$0.0000105 zone.
This bounce off firm support, combined with increasing bullish indicators, positions PEPE as a potential breakout candidate worth watching today.
Technical Setup & Key Levels
PEPE is testing support around $0.0000096, recently PEPE regained momentum and vaulted past $0.00001, reaching intraday highs between $0.0000103–$0.0000105.
This surge signalled a rejection of deeper pullbacks and highlighted a clear short-term range.
On the daily chart, analysts have recognized a classic falling wedge structure—often a bullish reversal formation—while some reports even suggest a golden cross pattern, where the 50‑day moving average crosses above the 200‑day, reinforcing upside potential.
Momentum indicators like the MACD appear bullish, and the RSI remains neutral, suggesting room for upward extension without being overbought.
On‑Chain & Sentiment Triggers
Whale activity offers further conviction: in May alone, wallets identified as large holders added approximately 170 billion PEPE, bringing the total tokens held by whales to $9.89 trillion.
On-chain data also shows sustained net inflows and strong whale positioning, despite some profit-taking; nonetheless, large investors re-entered positions near the $0.00001 mark.
Trading volume surged to over $1.5 billion/day during the June run-up, signalling healthy demand and participation.
Risk & Potential Targets
If PEPE maintains above $0.0000096, a breakout over $0.0000105–$0.0000108 could propel it toward $0.0000115–$0.000013, supported by both chart projections and golden cross momentum. However, a failure to hold $0.0000096 may expose downside to $0.0000090 or even $0.0000085, as technicals turn uncertain.
A tight stop-loss just below $0.0000096 helps define risk, while upside is clearly mapped, offering an attractive risk/reward setup.
Conclusion
PEPE’s rebound from support at $0.0000096, its intraday spike above $0.00001, and presence of bullish patterns like the falling wedge and golden cross—combined with strong whale backing and elevated volume—paint a compelling breakout scenario.
Watching for a decisive move past $0.0000105 will be key. With clearly defined entry, target, and stop zones, PEPE stands out as a top crypto to buy today—for those ready to act and manage risk prudently.
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