PEPE → The end of the correction may take us back to an uptrend

25 Jun 2024

PEPEUSDT - the meme coin is showing signs of a possible end to the correction and a return of price to the bullish trend continuation phase.



On the local timeframe, the price forms an exit beyond the resistance of the descending channel, characteristic of the correction against the background of the bullish trend. Against the background of bitcoin capitulation and the general mass of altcoins, the meme coin PEPE looks quite cheerful. The price can move into the phase of the 5th wave realization if the bulls can keep the defense above 0.0000114. The next boundary is the range resistance. The breakout of this area will be a green traffic light signal for the buyers, the potential of which could strengthen the price towards ATH

Resistance levels: 0.0000125
Support levels: 0.0000114, 0.00001084

I expect that the bulls will do their job and will soon be able to bring the price to the nearest resistance, where a fierce struggle for further space between buyers and sellers may take place.

Regards R. Linda!

25 Jun 2024

Dagangan aktif

25 Jun 2024

Dagangan aktif

A break of resistance forms a rally.
The coin has already strengthened by 12%

26 Jun 2024

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The price fixing above the key level of 0.0000125 will be a good signal that the correction is over and the price is ready to go higher

27 Jun 2024

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