The cryptocurrency PEPE is displaying a strong double bottom pattern on its weekly chart, hinting at bullish momentum for price increases. This pattern, characterized by two troughs around the support level of 0.00000566, signals strong buying activity and suggests a potential rebound. The next target for this rally lies at 0.00001872, while reaching 0.00002745 offers a more substantial upside. Traders are encouraged to enter positions near the 0.618 Fibonacci retracement level (0.00000941), which often acts as support during market corrections. This approach aligns with technical analysis principles and allows traders to capitalize on potential pullbacks before resuming upward movement.