PEPE broke a key bearish daily structure, confirming a bullish shift and reacting to a daily supply zone.
Short-term pullback is possible, but momentum favors continued upside depending on the current reaction.
PEPE price broke the daily supply zone to clear the way for a new high, following a classic market move to sweep liquidity.
The market is currently pushing into a daily supply zone where sell orders tend to accumulate, indicating a potential short-term reaction before further price action.