Pepe (PEPE) has shown a 10.20% rise in the past week, currently trading at $0.00001401 with a 24-hour volume exceeding $1.3 billion.
The formation of a double bottom pattern indicates a strong bullish momentum, with price targets set at $0.00001872 and $0.00002745.
Analysts foresee potential highs of $0.0000308 by the end of the year, acknowledging the possibility of short-term pullbacks despite the positive trend.
The technical analysis supports the positive outlook for Pepe (PEPE), with a double bottom pattern forming and volume indicators suggesting a potential surge towards the mentioned price targets.