Hello guys.
PEPE has tested the internal trendline multiple times and finally broke below it, signaling potential weakness. Price also failed to reclaim the key supply zone above.
Unless bulls reclaim the broken trendline and break above the recent highs, the bias remains bearish with a possible continuation to the downside.
PEPE has tested the internal trendline multiple times and finally broke below it, signaling potential weakness. Price also failed to reclaim the key supply zone above.
- Internal trendline broken
- Rejection from a key supply zone
- Potential move toward the demand zone around 0.00000262–0.00000365
Unless bulls reclaim the broken trendline and break above the recent highs, the bias remains bearish with a possible continuation to the downside.
👉 My recommended broker: bit.ly/HYMCMELI
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Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
____
Telegram channel: t.me/melikatrader94
Forex telegram channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.