Pepe Coin (PEPE) price is currently in a consolidation phase after a previous bullish breakout.On the hourly chart, PEPE is stabilizing above the $0.00001400 support zone and interacting with key moving averages.The daily chart shows PEPE trading near the pivot point level at $0.00001411, holding above the 50-day moving average.Traders are advised to watch for a breakout above $0.00001500 for the next bullish wave in PEPE price.