🔥✅$PEPE price analysis from current market data.
✅🔥 Figure-1 chart displays that if $PEPE fails to break resistance of descending channel then the price may dump but still remains within the channel and it is possible #PEPE❤️ will rebound from support of the channel. Bounce from support will be strong and it may break the upper resistance of the descending channel and price continues to move upward. PEPE already rises 100% within descending channel from the recent dump of the market. #PepeToRunTheBull
✅🔥 Figure-2 shows that PEPE is testing resistance zone of descending channel. If it breaks the current resistance successfully then it may possibly retest the support zone, after which the price will possibly continue to move upward with a range of $0.0001-0.00012. A good opportunity for those who are waiting for long entry.
✅🔥 Spot buyers need to wait, if they bought at higher price then wait for $PEPE to comes around the center or lower zone of the descending channel and then can do DCA(DOLLAR COST AVERAGE) and HODL for good gains. It is also an observation from data and market cap analysis that PEPE will do 5-10x during the bull market. Thus stay calm and understand the present situation of the market. This bull run shows dedication towards meme coins.
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