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.
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Premium Signals: 77% accuracy in Intraday & Positional trades for Stocks, Nifty, Bank Nifty, Gold, Silver & Crypto. Take demo & decide — most traders don’t leave after joining.
Free Demo: wa.me/919560602464
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Free Demo: wa.me/919560602464
Free Telegram: spf.bio/c1lkb
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
