🔥 PEPE Falling Wedge: Ideal Reversal Point
Updated
PEPE is one of the hottest tokens at the moment, which makes it a very attractive token to scout for potential entries.
PEPE has hit its first hourly oversold moment since it started trading on Binance. This has often been a great time to step into volatile tokens.
Furthermore, PEPE appears to be trading in some sort of falling wedge pattern, which is a bullish reversal pattern.
If BTC will stop dumping, I'm confident that PEPE will move towards the top resistance of the pattern, potentially even break out through it.
PEPE has hit its first hourly oversold moment since it started trading on Binance. This has often been a great time to step into volatile tokens.
Furthermore, PEPE appears to be trading in some sort of falling wedge pattern, which is a bullish reversal pattern.
If BTC will stop dumping, I'm confident that PEPE will move towards the top resistance of the pattern, potentially even break out through it.
Comment
RIP.Comment
4H oversold bounce happening as we speak. Could be a longer-term bottom, but we have to see.
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