🔍 Is $PEPE collapsing? A critical resistance test threatens the upward trend!🚨
The currency is facing a critical resistance area near 0.00000615, with signs of weakness in the upward momentum after several failed attempts to break through.
📍 Current situation:
$PEPE is still trading above the upward trend line on short time frames, but continued rejection at the peak raises the likelihood of breaking support.
🔽 In case of breaking the trend line:
We expect a corrective move towards 0.00000590 – 0.00000585, which is a support area consistent with previous lows.
📊 Technical levels:
• Resistance: 0.00000615 – 0.00000620
• Potential support: 0.00000590 – 0.00000585
• General trend: Negative below resistance
📌 Do not enter before confirmation... and maintain strict risk management.
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