1. The price got a reaction from the lower boundary of the range.
2. On the OBV chart, you can see a typical volume absorption of market sales, which is an unambiguous point for entering long
EXPECTATIONS: a smooth hike to 197.4 USD and a slight correction or consolidation with a subsequent movement to the upper limit of the range - 221.15 USD.
After the price...
Reasons to long in the PEPE coin
1. The price is at the level of strong support, where a large liquidity squeeze was made
2. Divergence between the price momentum and volume, which may be caused not by panic selling, but by the lack of sufficient liquidity in the order book (whether such absences are accidental or not - decide for yourself))
Expectations : ...
1. The price is near the support level, from which it has pushed up 3 times
2. There are genuine sales, which are accompanied by a large cumulative volume, and there is a price drop due to the lack of liquidity at the moment.
3.Comparing the balance volume and the price chart, we see a divergence that can be interpreted as the lack of an equivalent sales volume...
