$PEPE #PEPEPotential #PepeCoinPotential #PEPE
Price Trend Analysis
The chart demonstrates a strong bullish trend throughout November with several key points:
Starting Point: Month began at 0.0000015 USD (November 1st)
Mid-Month Performance: Reached a local peak of 0.00000320 USD (November 18th)
Current Level: Trading at 0.0000035 USD (November 30th)
Overall Growth: Approximately 133% increase since the beginning of the month
Technical Analysis
The price movement shows three distinct phases:
Initial Growth Phase: Days 1-7 showed steady upward momentum
Consolidation Phase: Days 8-20 demonstrated sideways movement with higher volatility
Breakout Phase: Days 21-30 displayed renewed upward momentum reaching new highs
Key Price Levels
Support: 0.0000022 USD (marked by red dotted line)
Resistance: Currently testing new highs at 0.0000035 USD
Price Action: Formation of higher lows and higher highs, confirming uptrend
Market Outlook
The chart suggests continued bullish momentum based on:
Strong upward trajectory
Consistent higher lows
Increased trading volume
Breaking previous resistance levels