Dear Family;
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- Meme coins are gaining traction as the strongest narrative lately.
- PEPE's price has shown stability with a promising market structure.
- It's currently consolidating between resistance at 8500 and support at 7000-6500.
- PEPE has the potential to reach a $32 billion market cap.
- Short-term outlook doesn't indicate a significant bullish breakout.
- Some movements and divergences are observed in open interest and momentum.
- Expect PEPE to continue consolidating.
- Bitcoin's current trend is bearish, but it's anticipated to turn bullish in the coming week.
- Both PEPE and Bitcoin exhibit robust support and resistance levels.
- PEPE's bullish breakout is probable if Bitcoin shifts to a bullish trend.
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