🔥Pepe Price Prediction: Is PEPE Poised to Reach $0.00001?
🚀 Pepe Coin has shown impressive recovery momentum, rising from a low of $0.00000592. Over the past three weeks, it has displayed consistent bullish pressure, supported by key technical patterns.
📈 Recent price action includes a breakout from a bearish wedge and an inverted head and shoulders pattern. Despite a pullback nearing the 50% Fibonacci level, the asset maintains a strong upward trend.
🌟 Today, a morning star pattern has emerged on the Daily chart, signaling potential for further gains after a retest.
💪 Buyers decisively broke above the neckline resistance at $0.000008, indicating a move towards the next resistance at $0.000010850 and potentially targeting $0.00001200 if the pattern holds.
📊 Key levels to watch:
Resistance: $0.000010000-$0.000012000Support: $0.000006700-$0.000005800