Recently, a new star in the cryptocurrency market, PEPE coin, has attracted widespread attention from investors. Through in-depth technical analysis, several market indicators seem to suggest that PEPE may be at a significant price turning point.

First of all, from the perspective of price support, PEPE has formed a solid support area around 0.00001 USD. This price level has withstood recent market fluctuations and has not been significantly breached. This phenomenon is often interpreted as buying pressure actively positioning itself in this area, laying the foundation for potential future increases. It is worth noting that trading volume near this support level has significantly increased, further confirming investors' attention to this price level.

Secondly, from the perspective of chart pattern analysis, the daily chart of PEPE presents an ascending triangle formation. This pattern is typically regarded as a bullish signal in technical analysis. Currently, the upper boundary of this triangle, which serves as the resistance level, is approximately around $0.0000180. If PEPE can break through this resistance level, then according to traditional technical analysis theory, its upward potential might be quite substantial.

However, we also need to note that the high volatility of the cryptocurrency market means that any technical analysis carries uncertainty. Investors should consider multiple factors when making decisions, including but not limited to project fundamentals, market sentiment, and the overall economic environment.

Overall, the technical indicators for PEPE coin currently show some positive signals, but the future market trends remain full of uncertainties. For investors interested in this project, closely monitoring its price dynamics, especially the performance of key support and resistance levels, will be an important task in the coming period.