$PEPE
🟢 Technical Analysis of PEPE/USDT (15-Minute Chart - Binance)
📊 Short-Term Trend
Primary trend: Bullish.
The price shows higher lows and higher highs, which is typical of a bullish continuation structure.
After a corrective movement on the 20th, the price regained buying strength on the 21st and continues with upward momentum on the 22nd.
🔍 Observed Visual Patterns
The asset is testing a resistance zone, close to the range of 0.00001470.
The lateral consolidation movement at the top, after the last high, suggests an accumulation pattern, indicating that there may be strength for a breakout.
📈 Bullish Signals
Candles with larger bodies and lower wicks suggest buying pressure.
Absence of strong rejections at the recent top.
Volume may be a decisive factor to confirm the breakout, but it is not visible on the chart.
📉 Risk / Bearish Signals
If there is a rejection of the 0.00001470 zone again, a short-term double top may form.
The loss of support at 0.00001420 could lead to a deeper correction, with possible targets at 0.00001380 and 0.00001330.
✅ Conclusion
Preferred scenario (bullish): Breakout with strength above 0.00001470, opening space for an extension of the uptrend.
Alternative scenario (bearish): Rejection and decline to the mentioned supports.