PEPE is trading within a well-structured range, bounded by a rising support trendline and a falling resistance trendline. This setup indicates that the price is getting squeezed, and a decisive breakout move may be coming soon.
Currently, the price is holding above key moving averages, which adds strength to the bullish bias. As long as the rising support trendline remains intact, buyers will continue to defend dips. A breakout above the falling resistance could trigger a sharp move higher, targeting the next resistance levels near 0.00001319.
On the downside, if price fails to hold above the rising support, we may see a deeper pullback toward 0.00001074–0.00001026 levels. Traders should closely watch how PEPE reacts near the falling resistance line in the coming sessions.
Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
Currently, the price is holding above key moving averages, which adds strength to the bullish bias. As long as the rising support trendline remains intact, buyers will continue to defend dips. A breakout above the falling resistance could trigger a sharp move higher, targeting the next resistance levels near 0.00001319.
On the downside, if price fails to hold above the rising support, we may see a deeper pullback toward 0.00001074–0.00001026 levels. Traders should closely watch how PEPE reacts near the falling resistance line in the coming sessions.
Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
Rahul Pal | BD Manager @CoinW Exchange Dubai
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
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Rahul Pal | BD Manager @CoinW Exchange Dubai
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
