PEPE Eyes $0.00001500 as Bullish Reversal Pattern Unfolds

PEPE confirmed a bullish reversal with a textbook inverse head and shoulders pattern, currently testing a critical neckline at $0.0000093. The token, trading at $0.000009184 with a 12.23% gain in the past 24 hours, could see a 63% rally toward $0.00001500 if it decisively breaks through resistance. On-chain data shows a 38% surge in new and active addresses along with increased wallet activity, reflecting growing retail investor interest. Meanwhile, rising leverage and liquidations in the derivatives market support the short-term bullish outlook. However, large holders remain cautious, as evidenced by a drop in major transactions and a near-even split in sentiment, which may introduce risks during resistance retests. The overall technical and network metrics suggest that if bulls flip the current resistance into support with a confirmed daily close, the stage is set for sustained upside momentum.