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PEPE ~40% Imminent Breakout?!
PEPE / TetherUS
Long
PEPE ~40% Imminent Breakout?!
By Chocomel
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Updated
2 days ago
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2 days ago
The breakout to the upside appears to have failed, and the retest of the resistance trendline strengthens this view.
The price seems likely to head towards the demand zone unless strong bullish momentum develops to invalidate the current bearish sentiment.
Monitor closely for signs of strength or weakness near the demand zone or during another attempt at the resistance level.
PEPEUSDT
2 days ago
Trade active
Price went into demand zone, exited the demand done and is now going up back towards the resistance trendline.
yesterday
Note
We are now testing the previous resistance level, with possible consolidation before the next move.
Chart Patterns
Technical Indicators
Trend Analysis
Chocomel
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