Weekly PEPE/USDT Analysis 🐸 The PEPE coin is forming a rounded bottom pattern after a strong correction, which may indicate a potential bullish reversal in the upcoming period 📈
Current Situation: The price is currently testing a key resistance area, and if it breaks through with a successful retest, we could see a strong launch in the upward direction.
Potential Upward Targets: 🎯 First Target: 0.00001872 🎯 Second Target: 0.00002745 Ideal Entry Opportunity: 🟢 In case of a correction, the Fibonacci level of 0.618 (~0.00000941) is a strong entry point provided that support holds.
This scenario remains valid as long as the price maintains the key support areas. Monitor the movement closely and wait for breakout confirmations. Analysis by Dz whale crypto ☢️ Note: This is just an analysis and not a trade or recommendation.
"Fear of disaster".. Sources reveal to CNN the reason behind Trump's temporary suspension of tariffs (CNN) -- The unexpected decision by President Donald Trump to backtrack on his comprehensive tariff plan, by announcing a 3-month suspension, highlights his ability to withstand political pain: one week.
On Wednesday, Trump commented on the increasing criticisms directed at the White House over the past week: "They were screaming, they were screaming a little, and they felt a little scared."
Even for a president known for his political fluctuations, his announcement on Wednesday to suspend the long-awaited reciprocal tariffs for 3 months is a stunning reversal from a plan that just a day earlier he seemed to fully support. This came at a time when his trade representative was testifying on Capitol Hill about the benefits of the tariffs, seemingly unaware of the suspension decision.
It seems that days of pressure from his Republican colleagues, businessmen, and even close friends did not sway Trump, who insisted last week that "my policies will never change."
But by Wednesday, it became clear that the campaign to persuade Trump to change his course would not quiet down, as it became evident after a sharp sell-off in U.S. government bond markets, which are usually a safe haven for investors, that the economic repercussions of Trump’s strategy could be catastrophic and worse than anticipated $.
✅ Notable rebound! After dropping to $0.00000571, PEPE bounced back strongly to $0.00000633, with an increase of +5.32%, reflecting strong buyer interest from support levels!
✅ RSI at 47.4! Still in the mid-range, which opens the door for potential upward movement without fear of overbought conditions!
✅ MACD is trending towards a bullish crossover! The gap between the MACD line and the Signal line is narrowing, which could ignite a big green candle soon!