PEPE Breaks Downtrend: Bullish Momentum Returns
The #PEPEBrokeThroughDowntrendLine event has energized traders as the meme coin finally broke free from months of bearish pressure. Technical analysis shows PEPE gaining over 30% after confirming higher swing highs, with strong support forming around the 100-period SMA. This breakout signals renewed bullish momentum, with traders eyeing resistance levels near $0.00001480–$0.00001550. While meme-driven volatility remains high, the breakout suggests buyers are regaining control, potentially opening the door for further gains if volume sustains. For traders, this marks a pivotal moment to watch closely.