🚀 $PEPE just broke above a major downtrend line and traders are buzzing. After weeks of being pushed lower by descending resistance, price popped above that line — a classic structural shift signaling sellers may be losing control and buyers are stepping up.
📈 Around the breakout, many traders are watching the retest zone near $0.0000039–$0.0000040. If PEPE holds above that support on a pullback, it validates the breakout and sets the stage for the next push. If it fails, momentum could weaken and return to sideways action.
💡 My take: This isn’t a guaranteed rally yet, but breaking a downtrend line is a momentum signal that shifts sentiment. Bulls need to defend the breakout level for confidence to grow, while meme coins remain volatile, so caution is key.
PEPE
0.0₅425
-2.07%