PepeCoin Soars 50%, Next Resistance Zone Looms Large

The meme coin PepeCoin (PEPE) has experienced a significant surge, reaching a nine-month high near $0.0000049 after a nearly 50% weekly gain.

According to analyst Giannis Andreou, the next major test for PEPE lies between $0.0000048 and $0.0000055, with a weekly close above this zone potentially strengthening the bullish setup.

Andreou sees higher price targets of $0.0000065 to $0.0000075 or even $0.000009 to $0.0000105 if PEPE clears the immediate resistance zone and buyers support it with strong volume.

However, without confirmation, resistance could trigger another pullback, and the downside picture remains important after such a sharp weekly advance.