๐ธ๐ธ๐#Pepe Coin's price has seen a significant recovery this week, showing a 42% increase and forming an inverse head and shoulders pattern. The coin has been on a bullish trend since mid-April, rising by 128% in one month.
๐งธRecent on-chain activity, including significant withdrawals from a multisig wallet, suggests active accumulation by buyers. The price broke the $0.000008 collar resistance, indicating potential for further increase towards $0.000012.
Technical indicators like the Bollinger band and Average Directional Index suggest ongoing buying momentum and strength among buyers.#PEPEโค๏ธ #BinanceWatch