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$PEPE TRADE SETUP
Bullish breakout from Channel Up and above above $0.000012 resistance confirmed the Uptrend. Now price also broke above $0.000015 resistance. Based on Fibonacci Extension levels, the next potential resistance is at $0.0000164 (100%) and S0.0000211 (161.8%). Price is getting overbought with RSI > 70 but not overly and could sustain this momentum.
Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume its advance. Following a resistance breakout, the next closest resistance zone becomes a price target.
Nearest Support Zone is $0.000012, then SO.0000092. Nearest Resistance Zone is $0.0000164, then $0.000021.
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