In the wake of the recent rally in BINANCE:BTCUSDT , BINANCE:1000PEPEUSDT.P has followed suit, joining the upward momentum and achieving fresh higher highs. Looking at historical patterns, it's plausible that we could witness a 10% retracement in the coming days, as corrections have been common following similar surges. Furthermore, we’ve been tracking a...
On the daily chart for BINANCE:PEPEUSDT , there's a clear double top formation around the 0.00957 level, signaling potential exhaustion of the upward momentum. The price has tested this resistance area twice, failing to break higher, which suggests a reversal could be on the horizon.
The supply zone around 0.00957 coincides with a key monthly high, creating...
