$PEPE is currently testing the make-or-break horizontal support zone around 0.00000440.
After the recent explosive pump and subsequent bleed, we’ve returned to the primary accumulation flip zone where the previous resistance is being tested as support. If this level holds, we’re looking at a classic retest before a potential leg up to clear the local highs, if it fails, the next stop is the liquidity gap sitting much lower near 0.00000350. Momentum is neutral, but in the meme world, this is where the patient money waits for the bounce.
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$PEPE is currently testing the make-or-break horizontal support zone around 0.00000440.
After the recent explosive pump and subsequent bleed, we’ve returned to the primary accumulation flip zone where the previous resistance is being tested as support.
If this level holds, we’re looking at a classic retest before a potential leg up to clear the local highs, if it fails, the next stop is the liquidity gap sitting much lower near 0.00000350.
Momentum is neutral, but in the meme world, this is where the patient money waits for the bounce.