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$PEPE - update: Following my last view; the price bounced early on the 0.000100$ support and broke above the major downtrend channel (purple line). 🔷On the H4 view, the current price is about to confirm a breakout but we hasn"t seen any pull back & retest yet!🚨 The daily price is also pretty neutral (large cloud). 🔷The 0.0001300$ is a big resistance and the short term price is overbuy❗️ This is why I can expect a short-term correction to retest the previous major resistance around $0.00001150 or $0.0001180 before a new rise! 📉 Then I think we should see a new bullish wave towards $0.0001380 - $0.0001400. [50% fib at 0.0001350$] The main trend [Weekly and monthly] remain bullish; but keep in mind that #PEPE is a billion cap and a non utility tokens... I would rather bet on #meme tokens such as $FLOKI ; #DOGE .... I advice you to not FOMO into a long position yet. #mememcoinseason2024 #CryptoTradingGuide #PEPE #Write2Earn

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