🐸 $PEPE : Is the #memecoin🚀🚀🚀 Ready for Its Next Leap?
#PEPE has recently experienced a significant pullback, trading around $0.0000115, down from its May highs of $0.000014–$0.000015. Despite this correction, the coin has shown resilience, with a 48.89% gain over the past month.
🔴Technical indicators present a mixed picture:
🔸Bullish Sentiment: Approximately 83% of indicators suggest a bullish outlook, supported by a Fear & Greed Index reading of 64 (Greed).
🔸Bearish Patterns: However, a descending triangle formation between $0.00001265 resistance and $0.00001100 support indicates potential for further downside if support levels fail.
🔸Analysts predict that if current momentum persists, $PEPE could see an upside of 20%–25% in June, potentially reaching the $0.000015–$0.000016 range.
💬 Your Thoughts?🤔
👉Are you considering buying the dip?
👉Waiting for a confirmed breakout?
👉Staying on the sidelines?
#pepe⚡
