$PEPE

Technical Analysis 1000PEPE/USDT 🐸

After exhausting the buyers (seller dominance), the price entered a corrective phase. Based on Fibonacci retracement, I expect a decline towards levels 0.712 and 0.786, where I will look for a long-term entry ▶️

👉 The impulsive and corrective waves are nearing completion, indicating a potential trend reversal. This aligns with the broader market dynamics of Bitcoin and its dominance, which we analyzed ⏺ yesterday.

✔️ Any confirmed reaction at these Fibonacci levels will give the "green light" for an upward movement - and a strong profit opportunity! 🔝

I have identified three profit-taking targets 👉 where partial exit makes sense: $0.00121766, $0.00136263, $0.00151175