PEPE / TetherUSLong
#PEPE/USDT ANALYSIS PEPE has recently broken out of a descendin
#PEPE/USDT ANALYSIS
PEPE has recently broken out of a descending channel, accompanied by significant volume, signaling strong bullish momentum.
Currently, it is undergoing a retest above the channel, with the 50-day moving average providing critical support. This support from the 50 MA suggests underlying bullish strength.
If PEPE successfully holds above the descending channel during this retest, it would serve as a bullish confirmation.
PEPE has recently broken out of a descending channel, accompanied by significant volume, signaling strong bullish momentum.
Currently, it is undergoing a retest above the channel, with the 50-day moving average providing critical support. This support from the 50 MA suggests underlying bullish strength.
If PEPE successfully holds above the descending channel during this retest, it would serve as a bullish confirmation.
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