đ Bullish Signals for $PEPE : A 50% Price Surge Incoming? đž
PEPE, the popular meme coin, is showing strong bullish momentum after a 12% price rise in the past week. If market conditions hold, PEPE could climb another 50%. Hereâs whatâs driving the potential surge:
1. Money Flow Index (MFI): PEPE's MFI is above 50.00, signaling increasing buying pressure, which could lead to further price growth.
2. Ichimoku Cloud: PEPE's price is above the cloud, indicating a bullish trend and potential upward movement.
3. Fibonacci Retracement Support: Strong support at $0.0000089 could fuel a push past the key resistance level of $0.000011. A break here could target $0.000015, marking a 50% increase.
However, if sellers regain control, a drop to $0.0000067 could occur. Watch the $0.000011 level closely as a critical signal for the next move.
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