PEPE Price Set for Potential Breakout Above Resistance: Analysis Points to Bullish Momentum

The PEPE token is exhibiting bullish signs as it consolidates within a pennant pattern on the 4-hour chart, suggesting potential for a price surge. Experts are watching closely, with an expected breakout above $0.00001535 setting the stage for a rally of up to 50-100% based on technical indicators and market activity. Open interest in PEPE futures has significantly risen, indicating increasing trader confidence. Whale holdings have also increased, suggesting strong bullish accumulation. Technical analysts are predicting a target price of $0.000020 if the breakout occurs, with support holding at $0.0000125 and the RSI readings above 50.