$PEPE - update:
Following my last view; the price bounced early on the 0.000100$ support and broke above the major downtrend channel (purple line).
🔷On the H4 view, the current price is about to confirm a breakout but we hasn"t seen any pull back & retest yet!🚨
The daily price is also pretty neutral (large cloud).
🔷The 0.0001300$ is a big resistance and the short term price is overbuy❗️
This is why I can expect a short-term correction to retest the previous major resistance around $0.00001150 or $0.0001180 before a new rise! 📉
Then I think we should see a new bullish wave towards $0.0001380 - $0.0001400. [50% fib at 0.0001350$]📈
The main trend [Weekly and monthly] remain bullish; but keep in mind that #PEPE is a billion cap and a non utility tokens... I would rather bet on #meme tokens such as $FLOKI ; #DOGE ....
I advice you to not FOMO into a long position yet.
