Canary Amends PEPE ETF Filing as Token Breaks 22-Month Downtrend
- —Canary amended its PEPE ETF filing; approval and launch are not guaranteed
- —PEPE broke a weekly downtrend that had lasted 22 months
- —Accumulation occurred in the $0.0000028–$0.0000040 range
- —First analyst target is $0.0000072, invalidation at $0.0000022
Why it matters: A PEPE ETF would widen regulated access to the meme coin, while the trendline breakout could shift the token's long-term market structure.
Source: TronWeekly