Will PEPE/USDT Reach $0.000011?PEPE / TetherUSBINANCE:PEPEUSDTsahanavvPEPE coin is showing signs of technical strength amid renewed crypto market optimism. It is currently trading around $0.000009890 with a modest rise of over 1.69% in the past 24 hours but still remains within a tight consolidation range. This hints towards a potential breakout, offering a potential upside of more than 50%. The PEPE price has been trading within a descending parallel channel but has formed a small ascending parallel channel within Interestingly, the CMF is dropping while RSI is making every attempt to keep the price elevated, holding the ascending support This suggests that the strength of the rally is coiling up but the money flow into the platform has decreased This may place the PEPE price at a crucial juncture as the token is required to break out of the resistance of the main channel to sustain within the ascending trend channel. Hence, the upcoming weekend could have a huge impact on the PEPE price, as a rise above $0.00001 could invalidate the bearish thesis.