pepe → tiny correction

Updated
hello guys!

Chart Overview:
- after the price made a symmetrical triangle, it broke the top line
- it is forming a range or rectangle right now!

Trend Analysis:
- Pepe is in compression now
- we can consider an upcoming downward!

Price Patterns:
- There are two potential correction zones within the rising trend:
1. Around the $0.0000107 level.
2. Between 0.0000099 and $0.0000094.

Bullish Trend Confirmation:
- if the range area breaks down it will confirm the downward movement

✎Actionable Insights:
- you can take a risk and enter the short position right now and put two previous area as a target!
- or you can wait until the range breaks down then get a short position until the blue area will be touched!

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Note
pepe touched the bottom line of the rectangle pattern:

snapshot

I think it tries to gather its energy to break the line!
Note
the first target touched!

toward the next target:

snapshot
Trade closed: target reached
snapshot

target touched
Chart PatternsTechnical IndicatorspepepepeusdPEPEUSDTrangerectanglepatternTrend Analysistrianglepattren

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