$PEPE /USDT !! Wanna make some money Must follow these analysis
Pepe appears to be consolidating in a range, indicated by the purple rectangles, after a significant downtrend. The current price is trading near the lower boundary of this range, suggesting a potential breakout.

Trend Explanation:
- Current Trend:The price is in a range-bound or sideways consolidation phase after a sharp downtrend, moving between the highlighted resistance and support levels.
- Resistance:The upper purple rectangle marks the resistance zone, where sellers are likely to step in.
- Support:The lower purple rectangle marks the support zone, where buyers are likely to step in.
Breakout Analysis:

-Bearish Breakout:The yellow arrows indicate a potential breakdown below the current support level, which could lead to a continuation of the downtrend. The price may target the white line below as the next support area if the breakout occurs.

- Downward Move:A confirmed breakout below the lower support could see the price moving towards the next support level around the 0.00000750 area or lower, as suggested by the white arrow.
This setup suggests a cautious approach, watching for a breakout confirmation before making any trading decisions.
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