PEPE / TetherUS
Long

Lingrid | PEPEUSDT Consolidation before potential EXTENSION

The price perfectly fulfilled my previous idea. It reached the target. PEPEUSDT has created a fake break of the previous support level by forming a double bottom. It has been consolidating since the beginning of this month following the impulse move. If you take a step back and look at the daily timeframe, you'll notice that the price has formed an inverse head and shoulders pattern. I believe the market may retest the support level before moving higher, potentially breaking through the downward channel. My target is resistance zone around 0.0000108

Lingrid | PEPEUSDT seizing Opportunity in PULLBACK trading


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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