$PEPE TRADE SETUP
Price is trading in a Channel Up pattern and has just broken above $0.000010 resistance. There’s +20% upside potential to $0.12, near term, as the price continues to move up in the channel. Stop Loss (SL) at $0.88.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Nearest Support Zone is $0.0000092 (previous resistance) then $0.0000080. The nearest Resistance Zone is $0.000010, then $0.000012.
