PEPE Tests Key Trendline Support: Will the 346-Day Uptrend Hold?
PEPE is testing a key ascending trendline support that's held strong for over 346 days, backed by a significant trading volume of 1.27B. This level is crucial for maintaining its bullish structure.
> The blue trendline has been a solid base for PEPE’s uptrend, holding firm so far.
> A bounce could target the $0.000012–$0.000015 resistance area.
> RSI is a Slight recovery from the oversold zone, hinting at a possible momentum shift.
If the trendline holds, a strong bullish move is likely.
A breakdown below could lead to further downside.
DYOR, NFA
#PEPE #Crypto
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.