Pepe (PEPE) Surpasses $0.0000135 Resistance as Price Rises 8.46% on Weekly Basis Eyes $0.0000155 Next Target

Pepe (PEPE) has surged past the $0.0000135 resistance level, marking a significant milestone for the meme coin as it aligns with broader bullish momentum in the cryptocurrency market. The breakthrough, which previously acted as a ceiling for upward movement, has now been recast as a potential support zone. Analysts view this technical shift as a key catalyst for renewed optimism among traders, particularly as Ethereum and other meme tokens continue to post gains. According to an analyst's forecast, the $0.0000135 level was critical to initiating the current upward trajectory, signaling a potential acceleration in PEPE’s price action.

Technical indicators reinforce the strength of the rally. The MACD remains in bullish territory, with the MACD line positioned above the signal line and the histogram reflecting positive momentum. The Relative Strength Index (RSI) stands at 66, indicating ample room for further appreciation before reaching overbought levels. These metrics collectively suggest that buying pressure remains robust, though traders are advised to monitor whether the rally sustains beyond the recent breakout. The price currently trades at $0.00001386, reflecting an 8.46% gain over the past week, as market participants position for the next phase of movement.

With the immediate resistance surpassed, attention now turns to the $0.0000155 level as the next potential target. Analysts have highlighted this zone as a pivotal threshold, with its breach likely to unlock further upside potential. Surpassing this level could pave the way for PEPE to challenge all-time highs, following a pattern observed in other meme tokens and Ethereum’s recent performance. While profit-taking pressure may emerge as the coin approaches this target, the broader trend suggests that bullish sentiment remains intact. Traders are advised to remain vigilant, as maintaining momentum above the newly established support could validate the continuation of the uptrend.

The market’s focus on PEPE underscores its role as a key player in the meme coin sector, which has seen increased activity amid favorable macroeconomic conditions. As the asset consolidates gains, the ability to hold above $0.0000135 will be critical in determining the next phase of its trajectory. With the next resistance level in sight, market participants await further signals to assess whether the current rally can translate into a sustained breakout. For now, the technical setup and broader market dynamics position PEPE as a focal point for traders seeking exposure to the meme coin narrative.