$PEPE is currently trading inside a well-defined bullish pennant on the 1Hr timeframe. After a strong impulsive move, price has shifted into consolidation — this is healthy behavior, not weakness. Buyers are defending higher lows while sellers are getting compressed, which usually precedes an expansion.

The key area to watch is the upper pennant resistance around 0.0000071–0.0000072. A clean break and acceptance above this zone, especially with volume expansion, can unlock the next leg higher.

🎯 Upside expectations

0.0000076 → first expansion zone

0.0000080 → measured pennant move

0.0000086 – 0.0000090 → continuation target

Momentum extension can even push toward 0.000010+ if sentiment flips aggressive

As long as price holds above 0.0000066, the bullish structure remains intact.