Technical Analysis (Updated):
Current Hour and the Impact of Customs Decision on the Market 🌍🏛💰
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Current Price: 0.00001347
Trend: The price has exited a rising triangle pattern and is currently stabilizing above an important support area at 0.00001320.
Next Resistance: ⚡️⚡️🌊
0.00001373
Then 0.00001406 (Very Strong Resistance)
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Current Strong Support:
0.00001320
Then 0.00001289
Possible Scenario in the Coming Hours:
If the price stabilizes above 0.00001320, there is a high likelihood that it will break 0.00001373 and head towards 0.00001406.
Breaking below 0.00001320 may bring the price back to 0.00001289 as support.
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Does the US-China Customs Decision Affect?
Yes, any trade escalation between the US and China may lead to:
A temporary market decline due to investor anxiety.
However, meme coins like PEPE are often affected by speculation, so their impact is weak and temporary compared to Bitcoin or Ethereum.
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Conclusion:
The price is in a technically positive position as long as it remains above 0.00001320, and the possibility of reaching 0.00001406 in the coming hours is likely if no strong negative news emerges.
