PEPE Breaks Resistance With 4.4% Surge as Momentum Builds in Key Trading Zone

• PEPE price rose 4.4% in 24 hours, reaching $0.059591 after breaking above resistance at $0.059664.
• The token now trades between $0.059001 support and the tested resistance, with volatility increasing around these levels.
• Against BTC and ETH, PEPE gained 1.4% each, showing consistent strength across major trading pairs.

PEPE has registered a notable move upward in the past 24 hours, breaking through resistance and signaling strong near-term momentum. The token’s price increased by 4.4% within the same period, reaching $0.059591 at the time of reporting. The move followed an extended phase of consolidation that kept trading activity constrained between well-defined support and resistance levels. Market indicators now show PEPE navigating within a structured range, with clear levels that could determine its next direction.

Support and Resistance Levels Define Current Structure

PEPE is currently trading between the resistance level of $0.059664 and the support level set at $0.059001. These levels remain important for traders observing near-term developments. The token’s recent breakout occurred after sustained trading near its lower boundary, where repeated retests highlighted the strength of the support zone. Once the asset gained momentum, price action quickly shifted upward, testing and surpassing resistance levels.

The chart on the one-hour timeframe highlights a sharp increase that followed this resistance break. Notably, the “Support and Resistance Levels” indicator mapped out both boundaries accurately, with price movement now tracking the resistance zone. This breakout indicates that if momentum holds, PEPE could continue advancing within the highlighted structure.

Price Range and Comparative Market Performance

The 24-hour range shows activity confined between $0.059001 and $0.059664, with the breakout extending above earlier highs. In comparison with Bitcoin, PEPE is trading at 0.0108247 BTC, which is an increase of 1.4% in the last day.

Likewise, the token corresponds to 0.082240 ETH when exchanged with Ethereum which is another 1.4% rise. These relative gains bring to light the fact that PEPE has continued to record an increasing momentum over key pairs, as is consistent with its overall price momentum against the U.S. dollar.

By comparison, earlier market sessions showed subdued activity within narrow bands, with no significant breakout. The recent surge therefore represents a shift in behavior, indicating that buyers are testing strength near resistance levels. This behavior remains critical for traders as the market evaluates the sustainability of the ongoing uptrend.

Implications for Near-Term Price Movements

If PEPE sustains levels above resistance, upward growth could extend further as momentum builds. However, if resistance holds, the token could revisit support at $0.059001, maintaining the ongoing range. This dual possibility underscores the importance of monitoring the support and resistance boundaries that currently define the trading structure.

The sharp movement also highlights how technical levels continue to frame price direction. The one-hour chart indicates that traders remain responsive to these boundaries, with volatility increasing whenever tests occur. With price action now resting close to resistance, the next sessions may provide additional confirmation of market intent.