$PEPE Again A Fake Pump, And The Retest Continues.

📢 The current scenario is again indicating towards further decline and this was quite expected after the halving. More or less we have the same situation in the overall market. 🤳

📌 Moving ahead we are on the daily chart of Pepe and it broke the trendline trading above $0.000006 of that descending triangle pattern (though below its base which is the resistance now) nearing its resistance of $0.0000065.

So, the surge actually turned out to be a fakeout and the indications are bearish in the coming days.

📌 On the other hand things can continue to remain sideways if Pepe manages to trade above the $0.000005 level. So we have a zone of $0.000005-$0.0000065 where Pepe could stay for a short time maybe and further strengthen its move proving $0.000005 to be a strong support.

✅ The times ahead may prove to be a little tricky with volatility at it's peak after the conclusion of halving, so do plan your trades in that way minimising the risks.

As of now I would say it's going down, so I'll be waiting to see a price somewhere around $0.0000045-$0.000005. Stacking your bags at this price is still worthy and something below $0.0000045 is gold I would say. 🪙💰

As Pepe has still a long way to go and the real pump hasn't even started yet. So we're yet to witness the astronomical move in Pepe in this upcoming bull 🐂 run.

#bitcoinhalving #PepeToRunTheBull #Memecoins #Megadrop #SHIB

$PEPE