PEPE → A condition that will lead to growth. Is the buyer back?

11 Jul 2024

PEPEUSDT is undergoing a deep correction phase. The price is resting on the strong support and the "discount" zone appears the buyer, holding the market. The focus on the upper boundary of the range...



! For convenience, I will indicate key zones without zeros.
Bulls do not let the price below 0.0761, forming a limit support area, in the neighborhood of which a strong buyer appears, it can be determined by the growth of volumes and the pattern of redemption with the subsequent retest without updating the minimum.
At the moment it is not excluded that the coin can continue falling, but based on the general situation there is a chance that PEPE can move into the recovery phase, but provided that the coin can pass the area of 0.0951-0.0991 with the price fixing above this zone, which will generally define an intermediate bottom for the market.

Resistance levels: 0.0952, 0.0991, 0.1084
Support levels: 0.0886, 0.0761

Technically, the situation is complicated because of bitcoin, which is consolidating in the discount zone, but in general there are bullish prerequisites. If the guide (BTC) goes up, it may favor altcoins.

Rate, share your opinion and questions, let's discuss what's going on with PEPE / USDT ;)

Regards R. Linda!

11 Jul 2024

Dagangan aktif

Consolidation above support continues. A bullish impulse may be formed in the near future

13 Jul 2024

Dagangan aktif

18 Jul 2024

Dagangan aktif

Emphasis on the specified level 0.0001084
Price consolidation above this zone will lead to the continuation of growth