PEPE Forms Ascending Triangle with Bullish Pressure Building

The PEPE cryptocurrency has been experiencing volatility in recent times, with prices stabilizing after a sharp retracement. This consolidation phase is seen as an important reset before assets attempt a renewed directional move.

An ascending triangle formation has emerged on the technical charts, which is commonly linked to bullish continuation scenarios. The structure indicates gradually strengthening demand and building pressure, with traders anticipating a breakout that could trigger increased momentum.

The critical trading zones are defined by support at $0.00000450 and resistance near $0.00000520. If the bulls break through this resistance level, it could be a sign of the trend's continuation.