Pepe is currently in an upward trend. Our analysis shows this is supported by higher lows and higher highs, with an ascending trend line that has been drawn. Following the formation of bullish reversal patterns near this trend line, the price has increased and achieved set targets. After breaking through resistance levels, the price has reached a new support level, which previously acted as resistance. If strong bullish patterns form at this point, there is potential for further price growth. However, breaking below this level could lead to a price decline.
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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.