PEPE Could Be Gearing Up for Its Biggest Move Yet ๐ธ๐ฅ
After a textbook ABC correction, the meme king of frogs looks ready to jump into a fresh impulse wave โ and the charts are flashing green. Letโs break it down:
๐ Elliott Wave Breakdown
โ Wave (i): Strong initial rally
๐ Wave (ii): Clean pullback
๐ Wave (iii): Currently unfolding โ next target: $0.00002400
๐ Wave (v) Projection: $0.00002836
โก๏ธ Thatโs a +180% upside from current levels near $0.00000993!
๐งฑ Key Support Holding Firm
PEPE just rebounded off a year-long trendline, which has historically triggered explosive moves.
As long as it stays above $0.00000526 (the "invalidation zone"), the bullish structure remains intact.
๐ Murrey Math Says: Trend Reversal Ahead?
This powerful tool shows PEPE hovering just above a key support zone at $0.00008940 โ often a pivot point before rallies.
If the breakout confirms, watch these levels:
๐ช $0.00011920
๐ช $0.00014901
๐งจ Final resistance: $0.00023841
โ ๏ธ Futures Market Is Heating Up
Donโt be fooled by the quiet chart โ under the surface, volatility is building:
๐ Over $540M in open interest, the highest in months!
Traders are positioning early โ something big could be brewing.
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๐ธ TL;DR: Is PEPE Ready to Launch?
โ๏ธ Bullish 5-wave structure taking shape
โ๏ธ Long-term trendline support still solid
โ๏ธ Momentum quietly accelerating
๐งญ Key levels to watch:
Support: $0.00000526
Breakout Zone: $0.00011920
๐ฏ Target: $0.00002836 (~+180% potential)
Frog Army โ is the leap coming? Letโs hear it ๐
#PEPE #MemecoinMomentum #FrogArmy #Altseason #ElliottWave #CryptoBreakout