PEPE price is holding near $0.000010814 as the token trades between 0.382 resistance and 0.236 support. The token has repeated this Fibonacci cycle twice before and each time it quickly launched into a rally. Traders now watch closely as PEPE’s sideways move between 0.382 and 0.236 signals another possible surge. Pepe (PEPE) price has been trading between the 0.382 and 0.236 Fibonacci retracement levels since the last bottom formation. The chart shows PEPE consolidating in a narrow band between 0.382 and 0.236 Fibs for several weeks. This mirrors past activity. Each time PEPE stabilized in this range before, the token later experienced sharp upward momentum. $PEPE has been swinging between the 0.382 and 0.236 Fibs since the last bottom. It’s happened twice before — and both times $PEPE took off right after. 🐸📈 pic.twitter.com/N3FlIsoMyg — Chandler⚡️ (@ChandlerCharts) September 20, 2025 TradingView data highlights the clear retracement zones. The lower 0.236 support has cushioned dips, while 0.382 has capped recovery attempts. Analysts noted that this pattern has occurred twice before. In both cases, PEPE rallied immediately after retesting these Fibonacci points. Historical repetition of this formation strengthens its relevance for market participants. Traders often consider Fibonacci retracements as key indicators for price reactions. The present chart suggests PEPE could once again be preparing for a decisive move if history repeats. Price Structure and Market Signals PEPE’s price currently stands near $0.000010814, consolidating above the 0.236 level. Sideways activity has dominated recent sessions. The token’s inability to break beneath the bottom boundary suggests buyers remain active in defending critical support. The 0.382 Fibonacci level is proving equally important. Every attempt to rise above has met resistance, signaling indecision among traders. For now, PEPE continues to oscillate between the boundaries without establishing a clear breakout. The chart also displays previous peaks marked as “Last ATH,” indicating points where the token achieved prior highs. These levels align with resistance zones where upward attempts failed to sustain momentum. Investors observing this data understand that a breakout above 0.382 could ignite another strong rally toward these highs. Market discussions also point to relative strength index (RSI) levels remaining steady, confirming that PEPE is neither overbought nor oversold. The neutral RSI provides room for volatility in either direction, keeping traders attentive. Potential Breakout and Key Question The recurring Fibonacci behavior raises a central question: will PEPE replicate its past rallies after retesting the 0.236 and 0.382 range? Traders are closely watching for the answer as history suggests the possibility of a strong surge. If PEPE confirms a breakout above 0.382, analysts believe momentum could accelerate quickly. Previous cycles saw the token surge vertically after clearing similar ranges. The pattern gives traders reason to monitor resistance tests closely in the days ahead. On the downside, slipping below the 0.236 boundary would break the repeating cycle. That scenario could signal fresh weakness and lead to deeper corrections. However, so far, this level has consistently held as solid support. For now, the consolidation reflects tension between bullish and bearish forces. With price contained between these Fibonacci retracement lines, the breakout direction will likely determine near-term sentiment. Traders will continue tracking how PEPE behaves against these precise markers as the chart narrows toward a decision point.