Bottomed out at 0.3040, then had a strong bullish rally to 1.3918.
After peaking, there's been a series of lower highs and lower lows, indicating a downtrend or correction.
Recently, the price is consolidating around 0.8152, near a horizontal support/resistance level.
Potential Direction (Short-Term Outlook):
1. Bullish Scenario (Reversal Possibility):
If the price holds above the 0.7282 support and breaks above the recent consolidation with strong volume, it could test 0.9676 or even higher.
The rounded bottom and stabilization suggest buyers might be regaining strength.
2. Bearish Scenario (Continuation of Downtrend):
If the price fails to hold 0.7282, it could retest lower levels like 0.4889 or even approach the 0.3040 level again.
The downtrend pattern post-1.3918 still holds unless a clear breakout happens.
Summary:
The pattern currently suggests indecision, with consolidation following a correction. A breakout above or below the current range (~0.7282–0.8152) will determine the next direction:
$PEPE trading near $0.00000930, pressured by a shift in capital to Bitcoin (now over 70% dominance in the market) .
Trading volume remains strong—over $730 million in 24h, though slightly down day-over-day ,,
Looking Ahead While meme coins like PEPE can deliver huge short-term gains, ups and down will continue but their long-term sustainability is uncertain. Some analysts note that as investor focus turns to more established assets like Bitcoin or structured memecoin launches, hype-driven altcoins may struggle for momentum .
$WIF it will be on over 2-3$ after upcoming one or two months but it will be in his style, everybody can,t will get profit other then those who hold it with patient, quick traders will keep face profit and loss but every bottom is a great opportunity to buy
$WIF big cake is on the top while meme,s are not following bullish big cake, they are just following btc to fall,, currently if big cake fall These coin will be fall more
$BTC #Sol we are enter in the head & shoulder pattern before boost the market,, ups and down is still continue while the market is in the bullish pattern