Weekly PEPE/USDT Analysis ๐ธ
The PEPE coin is forming a rounded bottom pattern after a strong correction, which may indicate a potential bullish reversal in the upcoming period ๐
Current Situation:
The price is currently testing a key resistance area, and if it breaks through with a successful retest, we could see a strong launch in the upward direction.
Potential Upward Targets:
๐ฏ First Target: 0.00001872
๐ฏ Second Target: 0.00002745
Ideal Entry Opportunity:
๐ข In case of a correction, the Fibonacci level of 0.618 (~0.00000941) is a strong entry point provided that support holds.
This scenario remains valid as long as the price maintains the key support areas.
Monitor the movement closely and wait for breakout confirmations.
Analysis by Dz whale crypto
โข๏ธ Note: This is just an analysis and not a trade or recommendation.