#PEPE: is about to make a big meak above or below this compression zone
đ„There are strong chances that it will go higher before shaking everyone out of the market by a false break below this pattern.
đReasons:
- We already had a huge correction about 42% before a strong recovery
- Less supply and more demand of $BTC (in higher time frame). And we know the money always frows from BTC to alts or meme coins
- PEPE is currently above a strong support and also above the 20 EMA in 4hr chart
- The current market cap of PEPE is right now at $2.83B, and its likely to surpass $10B-$20B in this upcoming bull run, so I'm staying bullish in the long run
- In the short term, if we see a breakout sooner or later, we are expecting a continuation
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