TL;DR<\/strong><\/p>\n PEPE is trading at $0.00001135, up 4% over the past 24 hours and 7% weekly. Daily trading volume is close to $958 million, showing strong market participation.<\/p>\n On the chart, PEPE is forming a symmetrical triangle, a structure that often develops during periods of price compression. The asset has been making lower highs and higher lows over several months, tightening the range. The most recent level of $0.00001087 places the token close to the triangle\u2019s apex.<\/p>\n Analyst Ali Martinez posted<\/a>, \u201c$PEPE readies for a 78% price move!\u201d referring to the current chart setup. Symmetrical triangles typically precede sharp moves, but direction remains unclear until a breakout or breakdown is confirmed.<\/p>\n Breaking above the triangle upper trendline could increase the momentum toward the $0.00001800-$0.00002000 range. Upon breakdown<\/a>, the previous support near $0.00000630 could come into perspective. Until then, the market continues to trade within this narrowing range.<\/p>\n According to CryptoLycus, PEPE is forming a pattern that looks similar to one seen in late 2024. At that time, the price broke out of a wedge and gained over 260%. Lycus commented,<\/p>\n $PEPE<\/a> is currently forming a very similar bullish wedge pattern to the one we saw last time which led to a massive +200% breakout<\/p>\n The structure is forming again and history shows how explosive these setups can be once the resistance breaks. A breakout from here could easily\u2026 pic.twitter.com\/0sbksS3R0n<\/a><\/p>\n \u2014 LaCryptoLycus (@CryptoLycus) September 17, 2025<\/a><\/p>\n<\/blockquote>\n A similar wedge has formed again in recent months. The asset is currently near $0.00001093, just under resistance. The projected move, based on previous<\/a> behavior, could reach up to $0.00002837, or more than 300% from current levels, if confirmed.<\/p>\n According to data from CoinGlass, PEPE is trading at $0.00001138, close to a zone where short liquidations begin to build. The chart shows heavy clusters of leveraged short positions between $0.0000119 and $0.0000128. If the price pushes into this range, many short positions could be forced to close, creating conditions for a short squeeze.<\/p>\n On the downside, cumulative long liquidation levels appear more concentrated below $0.0000103, but the exposure tapers off as the price moves lower. This suggests fewer long positions are at risk compared to shorts above current levels. As a result, an upside breakout above resistance carries greater potential to trigger liquidations and add momentum to buying pressure.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
Price Holds Steady Near Breakout Zone<\/h2>\n
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Familiar Pattern Reappears<\/h2>\n
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Liquidation Pressure Builds on Shorts<\/h2>\n
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