{"content":"Meme Coins on Fire: SPX6900 & PEPE Surge as Bitcoin Eyes New ATH Pepe breaks a falling triangle pattern by rising for three days. SPX6900 rises nearly 3%, extending Sunday's advance and indicating an ascending triangle breakout. Meme coins have a strong technical view, indicating more increases. After Bitcoin hit a record weekly close over $109,000 over the weekend, meme currencies Pepe (PEPE) and SPX6900 (SPX) rose at press time on Monday, signifying an optimistic start to the week. As PEPE and SPX break triangular formations, derivatives market optimism rises with the expectation of a long rally. PEPE and SPX technical outlooks suggest a breakthrough surge set to fly. PEPE triangle breakthrough boosts traders' optimism Pepe rose almost 1% at press time on Monday, extending its 3.41% gain from Sunday. The meme currency breaks a major resistance trendline between May 23 and June 10 highs. Note that the trendline created a descending triangle with base support around $0.00000900. Bulls confront month-long resistance around $0.00001037, last touched Thursday, as Pepe exits the triangular formation. PEPE might continue its breakout run to $0.00001196, the May 17 low, and $0.00001362, June's high, if it closes above that level. The OI-weighted funding rate rises to 0.0052% on Monday from -0.0052% on Sunday, supporting the purchasing. Meme currency SPX6900 rose almost 3% at press time on Monday, adding to its 5.82% Sunday gain. On the 4-hour chart below, SPX's recovery run nears the $1.36 supply zone, which has resisted the price recovery since June, and forms an ascending triangle pattern with a trendline connecting the June 21 and July 2 lows. Triangle pattern breakthrough would occur if the daily close above $1.36 targets the 78.6% Fibonacci retracement level at $1.56 from the June 11 high of $1.74 to the June 21 low of $0.91. Coinglass data reveals SPX OI rose 20% to $142.10 million, indicating market optimism. The OI-weighted funding rate rises to 0.0066%, suggesting purchasing. #PEPE‏ #SPX6900 #TrumpTariffs #TrumpVsMusk $PEPE ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/07/81ab80366c324c009702d239b52a7f22.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}