PEPE token has entered a bullish flag consolidation phase after a major breakout, according to market analysis shared by The Crypto Titans (@cryptotitans11) on X.
“$PEPE is also retracing the Bullish flag consolidation after the Huge Breakout. Once the retracement is successful then, I think we’re good to go for another leg up in $PEPE,” stated The Crypto Titans in their market update, expressing anticipation for a new all-time high.
What you'll learn 👉
PEPE’s Technical Structure and Market Development
The meme coin’s price action has evolved from a descending channel pattern into a more constructive market structure. Chart analysis reveals a definitive breakout in late November, backed by rising volume indicators.
The earlier descending channel displayed a series of lower peaks and troughs before the breakthrough. This upward movement established fresh support zones, transforming the token’s technical landscape.
Volume Patterns and Price Targets
Trading activity surged during the late November breakout period, validating the upward price movement. The 4-hour timeframe exhibits a bullish flag pattern, which technical analysts often interpret as a continuation signal.
Based on this formation, chart projections point toward a price zone between $0.000027 and $0.000028. Current market data places $0.00002000 as a fundamental support level, with buyers defending this zone through multiple tests.
The $0.00002100 price point stands as the next resistance level traders watch closely.
CoinGecko data confirms PEPE trading around $0.00002089, with a 24-hour gain of 2.68% on $4.06 billion in trading volume. Moreover, it has had upward momentum reflected by 13.37% price increase over the week.
Read also: Does KAS Still Have Time to Pump? Kaspa Price Prediction
Market Participation Analysis
The $4.06 billion trading volume indicates broad market engagement across trading platforms. This activity level aligns with the bullish flag pattern identified by The Crypto Titans.
Volume analysis shows concentrated buying during key breakout phases, indicating sustained market interest. Price action demonstrates a shift to higher lows, replacing the previous declining pattern.
Trading data reveals consistent testing of support zones, each instance strengthening the current range. Market participation shows balanced activity between retail and larger traders, supporting the technical structure.
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