Is PEPE’s Rally Ready for the Next Surge? Analysis of Price Chart Patterns

After its explosive surge earlier this year, Pepe Coin (PEPE) is currently experiencing a period of consolidation. Trading on price charts suggests a pause before another potential rally. The focus now is understanding the current market momentum and its direction based on technical analysis. 200-day Moving Average serves as dynamic support while the daily chart reveals PEPE’s upward trajectory since April. Let’s dive into the details of the hourly and daily charts to decipher what lies ahead for PEPE.