PEPE Forms Symmetrical Triangle as Breakout Toward $0.000026 Emerges

PEPE trades at $0.00001214, with a breakout above $0.00001400 opening targets at $0.00002000 and $0.00003000.

Symmetrical and descending triangles show tightening consolidation, indicating an imminent decisive move.

Strong buy zone support is at $0.00000950–$0.00001050; failure risks dips to $0.00000700 or $0.00000550.

PEPE has developed a symmetrical triangle structure on the 12 hour timeframe, pointing toward a possible breakout. According to analyst Ali, the formation has tightened since March 2025, with the price now moving closer to its apex. The token trades at $0.00001214, consolidating near the 0.618 Fibonacci retracement level of $0.000010584, a critical pivot zone in the structure.

Technical Structure and Fibonacci Levels

The triangle is bounded by a descending resistance trendline from February’s peak and a rising support trendline from April’s lows. This alignment has compressed price volatility, a pattern often observed before a major move

PEPE 12-hour price chart, Source: Ali on X

Key Fibonacci targets are indicated above the consolidation range. The 0.786 retracement at $0.000012801 forms the first resistance, while the 1.0 extension at $0.000016311 is a psychological breakout point. Beyond these levels, the 1.272 extension at $0.000022194 and the 1.414 extension at $0.000026065 mark higher continuation targets.

The chart also shows dotted projections suggesting short term oscillations inside the triangle. These could range between $0.000009260, which is the 0.5 Fib support, and $0.000011500 resistance through late September.

Consolidation Phase and Buy Zone Support

Another perspective comes from analyst CryptoDoc, who notes PEPE’s prolonged consolidation within a descending triangle on the 2 day timeframe. The structure is capped by a resistance line from late 2024 and supported by an ascending trendline beginning in March 2025.

PEPE/USDT 2-day price chart, Source: CryptoDOC on X

A notable element is the defined “Buy Zone” between $0.00000950 and $0.00001050. This area has repeatedly supported rebounds since May and overlaps with the ascending trendline. The similarities support its role as a structural base for the current trend.

Breakout Targets and Market Levels

If PEPE suggests a breakdown upwards, the first resistance ceiling is $0.00001400, which is the upper triangle resistance. Higher psychological highs are subsequently at $0.00002000 and $0.00003000. But if the token cannot maintain its support, it might fall back to $0.00000700, or even $0.00000550, depending on further downward pressure.

Both analysts point to the importance of the zone of breakout. The symmetrical triangle and descending triangle meet at strong support and resistance levels, which provides a prognosis for a strong movement in the coming weeks.

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