Pepe (PEPE) Tests Key Resistance, Double Bottom Pattern Signals Upside Potential

The memecoin Pepe (PEPE) is nearing a significant price point after forming a double bottom pattern on the 4-hour chart. This pattern signifies potential for bullish continuation, with resistance level at $0.00001250 acting as a key determinant in its short-term trajectory. Trading volume has spiked to $834 million in 24 hours with a -2.91% daily drop but a 11.28% weekly gain.