🐸 $PEPE Price Prediction: 758% Breakout Target Amid Bearish Pressure

PEPE remains under strong selling pressure after peaking near $0.000004077 earlier in the session. The price gradually declined below the $0.00000405 level as bearish momentum intensified. A sharp sell-off pushed the token down toward the $0.00000385 support zone. This move confirmed increased downside volatility and aggressive distribution.

PEPE is currently trading at $0.00000407, down approximately 0.73% on the day. The rebound from the lows remains weak and lacks strong follow-through. Immediate resistance stands between $0.00000400 and $0.00000405. Sellers continue to maintain short-term market control.

🔸 PEPE Forms Falling Wedge as 758% Breakout Target Emerges

The 1-week PEPE/USDT chart displays a clear falling wedge structure. Pepe price has been trending lower while forming lower highs and lower lows. The pattern shows compression between descending resistance and steady support.

Recent weekly candles are trading around the $0.0000043 to $0.0000045 region. This zone is acting as a major structural support level. Buyers continue defending this area despite broader market weakness. Selling pressure appears to be gradually fading near $0.0000045. The wedge is tightening as price approaches the apex.

A confirmed breakout above the upper trendline could trigger strong bullish momentum. Outlines a projected upside of approximately 758%. From the current $0.0000045 level, that suggests a move toward $0.0000035 to $0.0000040. That target area aligns with previous weekly resistance zones. Volume expansion would be needed to confirm breakout strength. Holding above $0.0000043 remains essential for the bullish outlook. A weekly close below support would invalidate the setup and delay recovery.

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{spot}(PEPEUSDT)