• PEPE could soar by 17% to reach the $0.000028 level if it closes a four-hour candle above the $0.0000243 level.
• 80.57% of top Binance traders currently hold long positions, while 19.43% hold short positions.

Pepe [PEPE], the world’s third-largest memecoin by market cap, is poised for upside momentum as it has formed a bullish price action pattern on the daily time frame.

The overall cryptocurrency market cap appears uncertain, with top assets like Bitcoin[BTC], Ethereum [ETH], and Ripple[XRP] gaining notable upside momentum, while others continue to struggle.

Amid the uncertain cryptocurrency market, PEPE appears promising as it has gained notable attention from crypto investors and whales, hinting at a potential upside rally.

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