$PEPE / USDT 💰 Futures signal with 90% success rate my $W +18483186928

Pepe Price Prediction:

The Pepe price is testing the lower boundary of an ascending parallel channel. While the big picture remains bullish, this outlook is threatened as the meme coin records lower highs. If the support confluence between the 50% Fibonacci placeholder of $0.00001071 and the lower boundary of the channel break, the Pepe price could roll over.

Such a directional bias could see the altcoin sweep the sell-side liquidity residing underneath before a possible recovery. Traders may consider placing their stop losses around the $0.00001000 psychological level in the regard.

However, in the dire case where selling pressure overpowers buyer momentum, the Pepe price could extend the fall. Such a move would see the frog-themed token provide another buying opportunity around the $0.00000776 support level.

Notice the lower highs on the Relative Strength Index (RSI), signifying falling momentum. Its position below the mean threshold of 50 coupled with the position of the Moving Average Convergence Divergence (MACD) in negative territory tilts the odds further in favor of the bears.

On the other hand, if the 50% Fibonacci placeholder holds as a support floor, the Pepe price could find a turnaround here. While a flip of the $0.00001335 resistance level into a support would be ideal, the bearish thesis will only be invalidated once the price clears the $0.00001800 threshold.

As the Pepe price fights to hold above the critical support, investors are piling into the new meme coin presale Pepe Unchained (PEPU), which has rocketed to $1.88 million in funds raised after bagging more than $660k in the past 48 hours.
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