Coin: $PEPE
Signal: Long
Current Price: $0.00001878 (+2.67%)
Technical Analysis (2-Hour Time Frame)
Symmetrical Triangle Formation: The chart shows a symmetrical triangle pattern, indicating potential for a breakout.
EMA Signals: The EMA has squeezed twice and is now pointing upward, supporting a bullish trend.
Volume: Minimal resistance in volume suggests a gradual upward movement, with candles likely to increase steadily rather than sharply.
Key Levels:
If candles touch the green line (golden pocket), expect a significant pump.
If candles touch the black line, anticipate a slower, steady increase.
Market Context with Total3
The Total3 market (excluding BTC and ETH) also exhibits a symmetrical triangle pattern. EMA and volume metrics further support an upward momentum, aligning with $PEPE's bullish outlook.
Summary
The technical indicators and broader market context suggest a promising upward trajectory for $PEPE. Monitor the key levels closely for confirmation of the expected movement.