Lingrid | PEPEUSDT Corrective Channel Breakout

The price perfectly fulfilled my previous idea. PEPEUSDT rebounded powerfully from the 0.00000843 support and broke out of the long-standing downward channel, marking the start of a bullish impulse leg. Price is now holding above the breakout point and consolidating above the 0.00001159 structure, setting the stage for continuation. As long as buyers defend this reclaimed level, price could attempt another leg toward the upper resistance zone at 0.00001500. Structure and volume suggest that accumulation is complete and bulls are in control.

📉 Key Levels

• Buy trigger: sustained support above 0.00001159 and breakout follow-through
  
• Buy zone: 0.00001100–0.00001159 (former resistance turned support)
  
• Target: 0.00001500
  
• Invalidation: breakdown below 0.00001100 risks trapping longs

💡 Risks

• Volatility around breakout retests may shake weak hands
  
• Failure to reclaim momentum at 0.00001250 could stall the push
  
• Re-entry into the old consolidation range may delay upside momentum
  

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!