Pepe Coin Breakout—7,220% Surge Ahead?

Wynn’s technical analysis highlights a short-term resistance level at $0.00001000—a psychological barrier that could determine the token’s next big move. If the coin pierces through this ceiling, Wynn anticipates a fast push to $0.00001050. At this level, a classic “cup and handle” formation could develop, a well-known bullish pattern in technical trading.

Once PEPE breaks past $0.00001050 and confirms this level as support with a retest, market momentum could rapidly build. This setup often triggers FOMO (fear of missing out) among investors, sparking more aggressive buying.

Technical Setup Signals Bullish Trend

James Wynn shared his insights on X (formerly Twitter), emphasizing the current chart structure. His post suggested:

• Current resistance: ~$0.00001000

• Profit zone target: ~$0.00001050

• Chart pattern forming: Cup and handle

• Next phase: Retest and confirm $0.00001050 as support

Wynn noted, “Once we break $0.00001050, a retest will confirm the breakout. From there, momentum should escalate.” He also warned that some traders might take early profits, potentially causing short-term pullbacks before a confirmed rally.

Investor Sentiment Turns Optimistic

The broader crypto market is showing signs of recovery, with Ethereum recently crossing $1,800—fueling optimism across altcoins. According to CoinGape Media, if bullish momentum continues, PEPE could witness a surge as high as 7,220%, echoing previous explosive rallies in meme coins.

Recent price movement:

• Past 24 hours low: $0.000007841

• Current price: ~$0.000009086

• Weekly gain: ~30%

While PEPE remains a speculative asset, the growing volume and social buzz suggest rising interest. If Wynn’s prediction holds, the next few trading sessions could be pivotal.

For traders watching the meme coin space, PEPE’s next move may set the tone for another round of meme-driven market activity—something crypto hasn’t seen in months.