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danish_
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Bullish
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#DOGEUSDT
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move
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set tp on 0.485000
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hold
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#UNIUSDT #long target 18.24 sl 17.40
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PEPE Price Correction: The price of PEPE is undergoing a correction, testing a crucial support level at $0.0000012. Bearish Channel Formation: In the daily chart, a bearish channel is evident, indicating a downtrend for PEPE. Potential for Bullish Revolt: Despite the current bearish trend, there's a possibility of a 25% hike if buyers regain control. Inverted Head and Shoulder Breakout Failure: PEPE's price couldn't sustain a bullish inverted head and shoulder breakout, leading to its current bearish state. 24% Decline in Four Weeks: The bearish trend has resulted in a significant 24% reduction in PEPE's market cap over the past month. Sideways Movement at Key Support: PEPE price is experiencing sideways movement at the $0.0000012 support level, which is crucial for its short-term trajectory. Technical Indicators - EMA: The 200-day EMA is providing dynamic support near the $0.0000012 level. Technical Indicators - MACD: An increase in bearish momentum is observed with the MACD trending downwards. Market Condition Impact: The broader market's selling pressure is affecting meme coins like PEPE, potentially leading to a further downtrend. Upside Potential: If PEPE can maintain its stance above $0.0000012, it could potentially increase by 25%. Risk of Further Decline: A fall below $0.0000012 could lead to PEPE's price dropping to $0.0000010. Importance of Market Recovery: The potential for PEPE's price recovery is linked to the overall improvement in market conditions this month #pepe #pepeusdt
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