💡 Quick technical analysis:
✅ Exciting rebound! After the coin retraced to 0.000000571, PEPE saw an upward move to 0.000000981, indicating strong buying interest.
✅ Indicators are positive! The Relative Strength Index (RSI) is at 49.70, indicating it has not yet entered the overbought territory, giving us room for further increases!
✅ MACD shows positive momentum! The crossover is near, which could spark more upward movement.
🚀 Expected scenario:
If PEPE can break through the 0.000000981 area, we might see a return to levels of 0.000001020 soon! However, in case of a retracement, the area of 0.000000855 - 0.000000890 could serve as strong support.
🔥 Is PEPE ready to explode?!
If the market continues to be affected by the current momentum, we may witness further increases in the coming days. Are you ready to ride with PEPE? 🌊
📢 Share your opinion! Do you expect PEPE to rise to higher levels? 🚀👇
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📊 Technical pattern analysis – Are we witnessing the formation of an explosive pattern?!
🔍 Potential technical pattern:
✅ Is a "Double Bottom" pattern forming? If you've noticed, PEPE has recorded a bottom at 0.000000571, then rose and fell again – now if it rebounds again from the level of 0.000000690, it could form a double bottom pattern! This usually indicates a strong upward breakout.
✅ "Ascending Triangle" pattern? The price is currently moving between clear resistance at 0.000000981 and a gradually higher low, resembling an ascending triangle pattern. Breaking this triangle upwards could drive the price towards 0.00000100 or more!
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🚨 Supporting signals from indicators:
RSI is slightly low → there is a great chance for an upward rebound soon. MACD is close to a positive crossover → a strong signal for upward momentum. Stable trading volumes → this provides an opportunity to accumulate the coin before the rise.
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🎯 Predictions for the next move:
Breaking the level of 0.000000981 could indicate the beginning of a strong upward move.
In case of a retracement, the area of 0.000000855 could be the main support.
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💬 My personal opinion:
PEPE is in a very critical phase, and all indicators point to the possibility of an upward explosion, but there's also a chance for short-term volatility. A good monitor of breakout and retracement times will be key to making the right decision.
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✅ Final advice:
Use a stop loss under the level of 0.000000855 to keep your investments safe.
The real-time follow-up on the markets over the next two days will be very critical.
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📢 Do you think PEPE will enter a new upward wave? Or are we facing a market trick? Share your predictions!