$PEPE UPDATE
GUESS I CALLED THE TOP ✅️✍️🎯
"What goes up must come down."
This drop in memecoins doesn't surprise me, and if you've been following me, it probably doesn't surprise you either. (See my previous thread below for more details)
You are probably wondering.. where or when the price will hit the bottom?
Price is clearly in a descending channel. However demand showed up strongly when the 0.000008$ level was reached.
That level is important as the grey box separates the highs from the lows. If we lose this level, we will likely see lower prices, with the last support before the dead zone at $0.0000059.
Most bullish scenario:
1. Quick deviation below the historical support zone (grey area).
2. Recovery of that level.
3. Retest and hold.
It's better to be patient and avoid trading until there is a clear direction and confirmation⏳️
