๐Ÿšจ๐Ÿšจ$PEPE Update: Get Ready for a Potential Downward Move!๐Ÿ“‰๐Ÿ“‰

Chart Summary:

- $PEPE 's price broke out of a symmetrical triangle and is now forming a range or rectangle pattern.

Trend Analysis:

- $PEPE is currently experiencing compression, indicating a potential downward movement.

Price Patterns:

- Two possible correction zones within the rising trend:

1. Around $0.0000107

2. Between $0.0000099 and $0.0000094

Bullish Trend Confirmation:

- If the range area breaks down, it will confirm the downward movement.

Actionable Insights:

- You can take a risk and enter a short position now, targeting the two previously mentioned areas.

- Alternatively, wait for the range to break down before entering a short position, with a target of reaching the blue area.

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