PEPE / TetherUSLong
#PEPE Bulls Ready for a Momentum Shift? Key Levels to Monitor
Yello Paradisers! Is #PEPE about to break out of this falling wedge, or will the bears drag it lower? Here's why the next move could be game-changing for #PEPEUSD:
💎#PEPEUSDT has been trapped inside a falling wedge formation, steadily rejecting off its descending resistance. This pattern is historically bullish, but a breakout confirmation is still needed. Currently, PEPE is hovering near a key support zone between $0.0000060 and $0.000012, where buyers have previously stepped in.
💎A bullish divergence is forming on the histogram, signaling a potential shift in momentum. But for bulls to take control, PEPE must break above the descending resistance and reclaim $0.0000152 as support. If this level is cleared, we could see an explosive rally toward $0.000030, where strong selling pressure is expected.
💎However, if #PEPE fails to hold the $0.0000060 - $0.000012 support range, the bullish setup could get invalidated. A breakdown below this zone would expose lower levels and increase downside risk, potentially leading to a deeper sell-off.
The next few weeks will be crucial—will the bulls step up, or will PEPE break below and give the bears full control? Be patient and trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
💎#PEPEUSDT has been trapped inside a falling wedge formation, steadily rejecting off its descending resistance. This pattern is historically bullish, but a breakout confirmation is still needed. Currently, PEPE is hovering near a key support zone between $0.0000060 and $0.000012, where buyers have previously stepped in.
💎A bullish divergence is forming on the histogram, signaling a potential shift in momentum. But for bulls to take control, PEPE must break above the descending resistance and reclaim $0.0000152 as support. If this level is cleared, we could see an explosive rally toward $0.000030, where strong selling pressure is expected.
💎However, if #PEPE fails to hold the $0.0000060 - $0.000012 support range, the bullish setup could get invalidated. A breakdown below this zone would expose lower levels and increase downside risk, potentially leading to a deeper sell-off.
The next few weeks will be crucial—will the bulls step up, or will PEPE break below and give the bears full control? Be patient and trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.