At first glance, it seems that pepe is showing bearish signs. I'm sure you noticed a classic bearish double top forming in the daily chart. But, no! That's not the case. As requested by a follower, let's dig deeper.

The daily KDJ Stochastic oscillator has detected FOMO volume at ATH. This means that price may still go back to its ATH and even beyond it. To confirm this positive signal a bullish falling wedge can also be seen in the chart. Candles are already moving above it.

If you'd like to trade pepe the best position is long, and the best entry is 0.00001333 - 0.00001389.

How far can pepe go this time? Pepe is in price discovery mode, we have no data to confirm how far it can go, but if it goes back to ATH, expect a 50% rally. Pepe is a huge cap coin, it needs a lot of money to be able to move to the upside. Hence, this token can no longer go x100, but can go x10 if it topples down DOGE.

If you're looking for a x100 or even x1000 token look for low cap, rug proof token like PITBULL.

PITBULL is in line to become the next binance newbie. It is nominated in binance futures next. You can vote for it, and if it wins binance will double your vote money.

#PEPE #DOGE #Pitbull #MemeWatch2024

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