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đ Coin Name: #PEPEUSDT $PEPE
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On the daily chart, PEPEUSDT is currently moving within a descending channel pattern. This typically indicates a period of consolidation in a downtrend. However, there's a twist: the EMA ribbon is showing a potentially bullish shift. The red line, often representing the upper boundary of the ribbon, is positioned above, hinting that bullish momentum could be on the rise.
Further strengthening this outlook is the RSI (Relative Strength Index), which indicates growing buying pressure. Notably, PEPEUSDT has broken through a critical support level, a signal that market sentiment may be shifting from bearish to bullish. This combination of the EMA ribbon's position, a breakout from key support, and the RSI's bullish signals suggests that PEPEUSDT could be gearing up for a bullish move soon.
- Entry: 0.00000768 or Market Price
- Signal Type: Long
Targets:
1ïžâŁ First TP: 0.00000946
2ïžâŁ Second TP: 0.00001188
3ïžâŁ Third TP: 0.00001396
4ïžâŁ Fourth TP: 0.00001521
- Stop Loss: 0.00000556
- Leverage: 5x-10x
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