*"PEPE Under the Microscope: Has the Frog Started Jumping to the Top?"*
PEPE coin has recently experienced notable volatility after a sharp upward wave, and it is evident from the chart that a horizontal accumulation pattern has formed near an important resistance area. Trading volume is slightly declining, indicating market anticipation before the next movement.
Brief Technical Analysis:
Strong Support: 0.00000850
Current Resistance: 0.00001020
RSI Indicator: In the neutral zone (45–55), which means the market has not yet determined its direction.
The Planned Strategy:
1. Monitor the Breakout of Resistance: If the price closes above 0.00001020 with a strong candle and high trading volume, this is a buy signal with targets at 0.00001150 and 0.00001230.
2. Safe Entry: After a successful retest of the 0.00001020 level as a new support level.
3. Stop Loss: Below 0.00000850 to reduce risks.
Be prepared, as PEPE coin is known for its sudden movements, and it may be facing a new bullish wave!