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💡 Quick technical analysis:
✅ Strong rebound! After dropping to 0.000000872, PEPE started to gradually rebound, recording a local peak at 0.000000981, showing real buying interest!
✅ Indicators are encouraging! The Relative Strength Index (RSI) is at very low levels (around 29), which means the price is in an oversold area and may be ready for a strong bullish rebound!
✅ MACD shows balance with a potential cross coming soon! This could trigger a long green candle in the coming hours.
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🚀 Expected scenario:
If PEPE can strongly break the resistance at 0.000000922, we might see a surge towards the levels of 0.000000960 then 0.000001000 in a short time!
In the case of a temporary pullback, the strong support area at 0.000000872 may hold and support a new rebound.
🔥 Is PEPE ready to explode?!
With circulating news such as the large amounts of currency being sold in the market ($4.28 million as mentioned), volatility may increase – but this could also open the door for huge opportunities for savvy traders!
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📊 Technical pattern analysis – Are we witnessing the formation of an explosive pattern?!
🔍 Potential technical pattern:
✅ "Inverse descending triangle" pattern?! Trend analysis shows that there is horizontal resistance with gradually higher lows, indicating a potential ascending triangle formation. Breaking this pattern upwards would push the price with additional strength.
✅ Potential rebound signals? With the very low RSI, there is a chance of a sudden and violent rebound, especially with the anticipated positive MACD cross.
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🚨 Supporting signals from indicators:
RSI under 30 → In a state of oversold, a golden opportunity for an upcoming price rebound.
MACD is about to cross positively → An early signal of upcoming bullish momentum.
Trading volumes are stable with a slight upward trend → indicating the beginning of accumulation by whales.
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🎯 Upcoming movement predictions:
Breaking above 0.000000922 → Next target 0.000000960 then 0.000001000
Breaking below 0.000000872 → We may test strong support around 0.000000850 - 0.000000820 before any new upward movement.
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💬 My personal opinion:
PEPE is living a very important moment! The indicators and technical patterns are all leaning towards a potential bullish scenario, with a strong price explosion likely in the coming days or hours.
Personally, I see the current price levels as a good opportunity to closely monitor and perhaps make a smart entry with strict capital management.
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✅ Final advice:
Do not invest all your capital at once!
Always use a Stop Loss below 0.000000851 to reduce risk.
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📢 Do you think PEPE is about to ignite a new bullish wave like other meme coins?
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