๐จ $PEPE is preparing for a big movement! ๐ฅ
๐ฐ Current price: $0.00000970
โณ Volatility is compressing... explosion coming?
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๐ Technical analysis
โ Fibonacci level 0.618: The price is bouncing off the golden zone โ historically a powerful reversal level
๐ Tight Bollinger Bands: Volatility is fading โ typical signal for a breakout
๐ MACD: Bearish momentum is slowing, lines are converging โ possible bullish crossover coming
๐ EMA 20 & 50 (4h): The price is pushing towards the EMA20 โ if reclaimed, short-term trend reversal likely
๐ RSI: Neutral (~50) โ plenty of room for an increase
๐ฆ Volume: Still below average, but building โ watch for a volume spike as a confirmation trigger
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๐ง Market sentiment
๐ฅ Buyers dominate the order book: 52.7% vs 47.3%
๐ฐ Price range between 0.00000940 - 0.00001020
๐ธ The narrative of memecoins is still active โ any viral hit can fuel the FOMO
๐ฐ No negative catalysts, just the calm before the next wave
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๐ Next levels to watch
๐ผ Breakout trigger: 0.00001020
๐ฏ Target zone:
TP1: 0.00001060
TP2: 0.00001080
๐ป Invalidating: Drop below 0.00000940 โ possible retest of 0.00000920
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โก TL;DR
PEPE is sitting on the Fibonacci launch pad, with compressed volatility and changing momentum.
All technical indicators point towards a potential movement โ the only thing missing is volume confirmation.
Will you enter before the frog jumps? ๐ธ
