#PEPE/USDT ANALYSIS
#pepe⚡ has recently broken out of a descending channel, accompanied by significant volume, signaling strong bullish momentum.
Currently, it is undergoing a retest above the channel, with the 50-day moving average providing critical support. This support from the 50 MA suggests underlying bullish strength.
If $PEPE successfully holds above the #descendingchannel during this retest, it would serve as a bullish confirmation.