Complete weekly macro analysis of $PEPE 👇📐
Pepe has been one of the most successful meme coins of this cycle, surpassing most memes as well as utility coins.
Everything is tied to its market structure, which has been very solid and consistent since the beginning.
You can notice in this macro chart that $pepe has been moving from one macro range to another in a stair-step upward trend.
However, within these macro ranges, the main driver of the upward movement has been these small bullish flag channels that break upward, sometimes leading to exponential rallies.
If we detail the percentage variations of each flag, we get:
Flag 1: +190%
Flag 2: +1,120%
Flag 3: +330%
Flag 4: +370%
Flag 5: Loading⏳
Now, this current flag breakout has a high probability of breaking towards the next larger range, which is projected to be the Distribution phase of the cycle for $PEPE .
