PEPE Coin - Another attempt at previous high or capitulation?
Updated
PEPE coin is exhibiting a return of momentum after a retracement from its previous pivot high.
Price action is taking the form of a rising pennant or channel.
Observe the boundary tests as well as the volume on each retest before taking a direction.
Price action is taking the form of a rising pennant or channel.
Observe the boundary tests as well as the volume on each retest before taking a direction.
Trade closed: target reached
Consolidating on support. Observe the current Bearish Channel for Long opportunities with a targeting of previous resistance level
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