The price of #PEPE , along with a dynamic resistance, is correcting a very upward trend.
The price has exited the very upward channel. The possibility of returning and continuing correction until the price reaches the demand area of $0.0000080 - $0.00000890 is very high. If the price can keep itself above this level, there is a possibility of starting another bullish step.
If the price falls below the specified area, we may see a big dump.
The price has exited the very upward channel. The possibility of returning and continuing correction until the price reaches the demand area of $0.0000080 - $0.00000890 is very high. If the price can keep itself above this level, there is a possibility of starting another bullish step.
If the price falls below the specified area, we may see a big dump.
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#PEPE😀 has been respecting the descending resistance line, repeatedly getting rejected at this level.
The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066.
For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend.
There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested.
The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066.
For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend.
There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested.
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