🐸 PEPE’s New Month: Bullish Momentum or Bearish Retrace? 🚀
The start of December brings fresh opportunities for PEPE, and its recent price action sparks a lot of curiosity! As seen in the weekly chart, PEPE is showcasing some upward momentum with a +3.17% gain, currently trading at 0.00002084 USDT.
🔍 Key Levels to Watch:
1️⃣ Support Zone:
Strong supports are visible around 0.00001720 and 0.00001559, which could act as safety nets if the market retraces.
2️⃣ Resistance Targets:
Immediate resistance lies near 0.00002275.
A breakout above this could drive PEPE toward 0.00003027 and beyond, pushing into a bullish zone.
🔥 Indicators & Volume:
The surge in volume hints at growing investor interest. However, maintaining this upward trajectory will depend on market sentiment and overall momentum in December.
📈 My Prediction:
If PEPE holds its support levels and breaks key resistances, bullish continuation is likely. However, traders should remain cautious of sudden market corrections.
Stay tuned for detailed technical analysis, and always practice risk management while navigating the market! 🌟
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