PEPE 4H – Trendline Breakout, Watching Fib Retest Before Targets

PEPE has broken out of its descending trendline and is consolidating above the Fib support cluster between 0.00000979–0.00000999. A short-term retest into this zone would be a healthy accumulation signal before continuation.

Upside:

First target sits at 0.00001167.

Clearing that opens 0.00001267, with the next liquidity level above at 0.00001444.

Downside:

A breakdown below the 0.786 Fib at 0.00000951 would invalidate the bullish structure and risk a deeper move lower.

Stoch RSI is oversold, suggesting momentum could turn upward soon if support holds.

📊 Key focus: Does PEPE use the Fib cluster as a launchpad toward $0.00001267–0.00001444, or fail the retest and break lower?