#PEPE/USDT Technical Analysis
Timeframe: Daily (24h)
#PEPE has broken above the descending triangle resistance, signaling a potential shift in trend and a move toward higher resistance levels. This breakout appears confirmed, suggesting the price could target the next resistance zones.
Key Levels to Watch:
Resistance-1: The first level of resistance to monitor as the price progresses.
Resistance-2: The second, higher resistance level if bullish momentum continues.
Suggested Strategy:
Entry: Current levels offer a favorable entry point for spot purchases, especially following the breakout confirmation.
Averaging: If there’s a pullback towards the red support zone, consider averaging down your entry to strengthen your position.
Target: A potential accumulation target of 40-50% upside.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice.