$PEPE - update: 27-05 vs today 🔥

The price dumped more than 30%!

Hope some of you followed my warning!

Zooming on the daily, the current price found a bottom around the 0.1200$ key support!

The LS line daily also printed a double bottom above the prices, which usually means that the price could recover.

Regarding the the short term view, the price may retest the 0.1300$ previous key resistance zone! 📉

Then, if the price manage to consolidate and close the daily above 0.1300$, then we could expect another pump toward the 0.1500$ zone again! 📈 It must also break the downtrend channel resistance, but the H4 price looks good for it!

I don't recommend to enter in long position yet, we may see some lower retest on the short term.

Find a possible bullish scenario on my last chart.

If the support mentionned failed, then the price could move sideway again and revisit the 0.1200$ support zone.

To conclude:

On the weekly view, the uptrend is still pretty safe and we can also clearly see the double bottom above the Tenkan line!

The 0.00001400$ level is acting as double key resistance (50% fib retest & downtrend channel). If the price are getting rejected and if the 0.1130$ support don't hold, then the price could fall toward 0.0001050 and 0.0000915$.!

But for now the macro bullish trend is holding 📈

#pepe #PEPEATH #PepeShow #PepeCoinToTheMoon #Crypto_Jobs🎯