News and Analysis of Currency $PEPE in the Coming Hours
Accumulation by “Whales”: Whale wallets have started to reaccumulate $PEPE after breaking a key downtrend channel, according to Whale_Crypto_Trading data. This may indicate imminent bullish momentum.
Supporting Technical Conditions: Chart analysis on TradingView shows the emergence of a "Ascending Triangle" and a "Broken Downtrend Channel", with a bullish EMA crossover and RSI above 50, enhancing the likelihood of a near-term breakout and reaching the resistance area around ~$0.00001516.
Nearby Key Resistance: The first resistance level is around ~$0.0000122, followed by the second level at $0.0000132. Support is at ~$0.0000107, and any breakout favoring resistance may drive the price towards the following targets.
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📊 Short-Term Price Forecast
Range for the Coming Hours: CoinLore models predict the price will move between $0.0000116 and $0.0000122 in the next 24 hours, with a potential target of $0.0000126 within 10 days.
Medium-Term Forecast: CoinCodex indicates a negative outlook in the coming days, as the price may drop to ~$0.000008399 by early July, but technical analysis still supports a neutral stance – 13 bearish signals versus 15 bullish signals.