$PEPE
PEPE/USDT Weekly Analysis
PEPE is showing strength after a clean breakout above the key resistance zone. It’s now in the process of retesting that breakout level, which is a classic bullish confirmation if the zone holds.
The price has also respected the rising trendline multiple times, acting as dynamic support over several months. This combination of horizontal and diagonal support builds a strong confluence.
As long as PEPE holds above the red trendline and the highlighted support zone, the bullish structure remains intact. A strong bounce from this level could trigger the next leg upward.
DYOR, NFA
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