PEPE’s Bollinger Band Width Hits 0.85 as Three-Month Triangle Formation Builds Breakout Pressure

PEPE’s Bollinger Band Width at 0.85 and 3-month triangle indicate potential breakout setup.

Trading volume up 14.17% to $1.51B as price holds within $0.0000120–$0.0000126 range.

Break above triangle resistance could target $42B market cap, echoing past rally patterns.

Pepe (PEPE) is trading within a narrow range, with market indicators pointing toward a potential breakout. The last two times its Bollinger Band Width reached similar tight levels, the token rallied to new all-time highs. The current pattern shows more than three months of consolidation within a symmetrical triangle, building pressure for a possible sharp move.

Price Formation and Consolidation Phase

According to an analysis prepared by Davie Satoshi, PEPE’s Bollinger Band Width is at 0.85, marking a period of low volatility. Historical movements show that such conditions preceded strong rallies once price broke above resistance levels

The Stochastic RSI now stands at 57.69 on the weekly chart, leaving room for upward movement if a breakout occurs. The current trading price is $0.00001213, reflecting a 0.5% increase in the last 24 hours, with market capitalization at $5.1 billion

Source: CoinMarketCap

Trading volume over the same period reached $1.51 billion, up 14.17%, according to CoinMarketCap. The price range in the past day remained between $0.0000120 and $0.0000126, with several intraday peaks followed by minor retracements.

Volume Strength and Breakout Potential

PEPE’s circulating supply is reported at 420.68 trillion tokens, closely matching its maximum supply of 420.69 trillion. Holder count stands at 476,350, showing broad participation from market players

Binance spot market volume recorded at $287.7 million supports steady engagement near key resistance levels. According to an observation by PepeCZBinance, “PEPE is about to rush back to its old ATH and higher.”

Historical price behavior suggests that a breakout above the upper triangle boundary could push the market cap toward $42 billion. Stable trading activity during consolidation, combined with proximity to resistance, mirrors conditions seen before previous surges.

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