Key Levels
- Upside Target: $0.00000144
- Next Support: $0.00000115
- Next Resistance: $0.00000127
- Downside Target: $0.00000100
- Direction: Neutral/Bullish
Momentum is gradually building as price holds above the 200 EMA. The RSI is positioned just above its average, showing slight bullish intent but without explosive strength yet. This setup supports the idea of a higher low forming, and ongoing chop around these levels would likely serve as accumulation.
Scenarios Ahead
- Accumulation & Breakout: If Pepe continues to hold above the 200 EMA and $0.00000115, a range-bound chop would be healthy and signal accumulation. A breakout above $0.00000127 could open the path toward $0.00000144.
- Support Breakdown: A breakdown below $0.00000115 may lead to a retest of the $0.00000100 zone. If $0.00000100 fails, the bullish structure breaks, and we may see deeper downside or trend invalidation.
- Range Formation: Price may consolidate between $0.00000115 and $0.00000127, forming a mini-range. This would keep the structure intact and provide better entries on retests.
Cryptonary’s Take
Pepe is attempting a higher low above the 200 EMA. As long as $0.00000115 holds, this setup remains constructive. Breakout above resistance confirms strength, until then, wait for cleaner signals or entries closer to the EMA.100% Success Money Back Guarantee
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