Pepe price is trading quietly now, but that could change fast. The popular meme coin is coiling inside a long, tightening triangle pattern that has been forming for months.
According to crypto analyst Steph_iscrypto, this kind of price compression often leads to an explosive move once the price finally breaks out.
On the KuCoin 2-day chart Steph shared, PEPE’s highs are getting lower and its lows are getting higher, squeezing the price into the tip of the triangle. Traders call this a symmetrical triangle, and it usually ends with a decisive breakout in one direction.
What you'll learn 👉
What the PEPE Chart Is Showing
The chart shows a clean series of lower highs and higher lows, all converging near the $0.000011 mark. This kind of setup is like a spring being wound tighter and tighter. The longer it compresses, the stronger the release can be.
Steph points out that the current pattern isn’t just a few days old. It’s been building since mid-2025. That’s months of pressure ready to unwind. The two clear compression lines on the chart suggest that the PEPE price is almost out of room to move sideways.
PEPE Key Levels to Watch
If PEPE breaks above the upper trendline with strong volume, traders will be watching the next resistance near $0.000017 and then $0.000025. A close above the said levels could initiate much larger rally and ensure that the long consolidation phase is over.
Alternatively, if the PEPE price goes below the lower compression line, support lies in the area of $0.000007 to $0.000005. A clean breakdown there would invalidate the bullish view and could mean more sideways action or a deeper pullback.
Read Also: Pattern That Drove the Last SUI 400% Price Rally Re-emerges
PEPE Price Outlook
Right now PEPE is trading right in the middle of the pattern, so the breakout could happen at any time. Volume will be key: a big spike in trading activity would confirm the start of the move.
Steph believes the setup leans bullish. With the market warming up and meme coins back in focus, PEPE price could be on the verge of a strong upside push. Traders looking for the next big move are keeping a close eye on that upper trendline, because once PEPE breaks out, the rally could be fast and sharp.
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