TrendlineTest
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PEPE Trendline Retest – Reclaim Incoming or Final Rejection?
$PEPE
PEPE is testing a major descending trendline that has capped price action since early April. After a strong breakout push, price is now consolidating directly under this resistance — inside a tight decision zone.
We’re watching for one of two outcomes:
A reclaim of the trendline + confirmation = potential continuation toward 0.00001350+
A rejection from this level could signal another leg down, continuing the macro bearish trend
🧠 Note: Stoch RSI is reset, hinting that bulls could make another attempt.
📍 Key Levels:
🔼 Reclaim above 0.00001317 = bullish breakout
🔽 Breakdown below 0.00001200 = rejection confirmed
This level will define the next major move.
#PEPE #PEPEUSDT #TrendlineTest #USCryptoWeek #TradingStrategyMistakes
PEPE is testing a major descending trendline that has capped price action since early April. After a strong breakout push, price is now consolidating directly under this resistance — inside a tight decision zone.
We’re watching for one of two outcomes:
A reclaim of the trendline + confirmation = potential continuation toward 0.00001350+
A rejection from this level could signal another leg down, continuing the macro bearish trend
🧠 Note: Stoch RSI is reset, hinting that bulls could make another attempt.
📍 Key Levels:
🔼 Reclaim above 0.00001317 = bullish breakout
🔽 Breakdown below 0.00001200 = rejection confirmed
This level will define the next major move.
#PEPE #PEPEUSDT #TrendlineTest #USCryptoWeek #TradingStrategyMistakes
📊 $AVAX – At Key Zone for Potential Move
🔥 AVAX has tested the descending channel support and a quick reversal was spotted.
🟢 It’s also testing the horizontal support zone — a critical area to watch for the next move.
👀 Stay alert for a decisive move in this zone!
#AVAX #TrendlineTest #CryptoTrading
🔥 AVAX has tested the descending channel support and a quick reversal was spotted.
🟢 It’s also testing the horizontal support zone — a critical area to watch for the next move.
👀 Stay alert for a decisive move in this zone!
#AVAX #TrendlineTest #CryptoTrading
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