PEPE Faces Key Resistances Is a -8% Pullback Coming?

PEPEUSDT SPOT

The PEPE memecoin( PEPEUSDT) is currently near the Resistance zone($0.00001392-$0.00001330) and Important Resistance lines. This is the third time that PEPE has attacked the Important Resistance lines.

In terms of Elliott wave theory, it seems that PEPE is completing the microwave 5 of the main wave 3, so that the main wave 3 is of the extended type.

Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.

I expect a -8% drop for PEPE in the coming hours.

First Target: $0.00001251

Second Target: $0.00001212

Note: Stop Loss(SL)= $0.00001400

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PEPE Analyze (PEPEUSDT), 4-hour time frame.

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$PEPE DYOR NFA