$PEPE / USDT — 3H Update

$PEPE is trading around 0.00000434, and unlike the previous outlook, the new 3H chart shows that price is still moving inside the descending trendline, not broken out yet. PEPE is sitting right above the lower blue support zone around 0.00000420, which remains the key level buyers must defend.

Updated Structure Based on the Chart

0.00000420 — support zone holding price.

Descending trendline still intact

0.00000535 –0.00000580 — major resistance zone above.

Breakout not yet confirmed.

The chart now outlines two possible paths:

Breakout above the descending trendline, then continuation toward 0.00000535–0.00000580

One more dip into support, followed by a breakout attempt.

The arrows on the chart reflect exactly that price is compressing inside the wedge, and the next move depends on how PEPE reacts at the trendline and the support zone.