$PEPE
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๐ Analyst Says PEPE Coin Could Break Out Soon โ Is $0.00001 Next?
๐ Big Move Coming?
Crypto analyst James Wynn believes Pepe Coin (PEPE) might be ready for a major price jump. He says if the coin can break past the key resistance level of $0.00001, it could push up to around $0.00001050. Right now, PEPE is already up about 15% in just one day.
๐ก Why the Hype?
According to Wynn, $0.00001 is a tough price level for PEPE to break through because many traders see it as a psychological barrier. But if it manages to rise above it, traders may start taking profits around $0.00001050. He also mentions that PEPE could pull back slightly before moving higher, possibly forming a โCup and Handleโ patternโa common bullish signal in trading.
๐ Whatโs a Cup and Handle?
Wynn explains that if PEPE breaks above $0.00001050, it might come back down to test that level before climbing again. This kind of retest often confirms the breakout and can lead to more buyers jumping in, creating FOMO (fear of missing out) and pushing the price up further.
๐ Recent Performance
In the last 24 hours, PEPE has climbed 15%, hitting $0.000009086. Over the past week, itโs up 30%. Some predictions even suggest the meme coin could see gains as high as 7,220%.
โ ๏ธ Just a Heads-Up:
This is for information onlyโitโs not financial advice. Always do your own research before investing.
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