🚀 PEPE/USDT Technical Analysis
PEPE has entered a critical support zone after a sharp correction. Historically, this area has acted as a strong launching pad for significant upward moves (see previous rallies of 339% and 224%).
Currently, price action is respecting the lower boundary of the ascending channel, showing potential for a bullish reversal. Should it hold, the next targets could align with key resistances around 0.00001400 and potentially as high as 0.00002000 in the mid-term.
🟠 Key Levels to Watch:
Support: 0.00001080
Resistance: 0.00001350, 0.00001750
📈 Momentum Outlook: A breakout above the orange resistance zone would indicate renewed bullish momentum. However, a failure to hold the support zone may suggest further downside risk.
Stay tuned for updates! 🔔
PEPE has entered a critical support zone after a sharp correction. Historically, this area has acted as a strong launching pad for significant upward moves (see previous rallies of 339% and 224%).
Currently, price action is respecting the lower boundary of the ascending channel, showing potential for a bullish reversal. Should it hold, the next targets could align with key resistances around 0.00001400 and potentially as high as 0.00002000 in the mid-term.
🟠 Key Levels to Watch:
Support: 0.00001080
Resistance: 0.00001350, 0.00001750
📈 Momentum Outlook: A breakout above the orange resistance zone would indicate renewed bullish momentum. However, a failure to hold the support zone may suggest further downside risk.
Stay tuned for updates! 🔔
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.