$PEPE Now That's What I Call An Ideal Bullish Movement 📈
So when the price breaks the ascending channel and closes above it, it needs to take a deep breath as well coz exhaustion comes into play.
What to expect? 🤷🏽♂️
Obviously some Profit Booking 💆🏽♂️
And as the profit taking session concludes, price takes support at the resistance (upper) trendline and goes up again. A simple way to understand how price action works.
So after hitting new highs, $0.000014 is getting the tag of the new resistance and now $0.000013 will be the immediate support.
Repeating one more time: Elimination of one more zero is just a matter of days away.
And I Mean It.
