🐸 PEPE/USDT 2-Day Chart Analysis:
Pattern: Price is forming a descending triangle, which suggests consolidation, and it's approaching a potential breakout point.
Support Zone: Around $0.00000065 to $0.00000074, acting as a strong support area.
Breakout Target: If PEPE breaks above the descending resistance, it could target levels around:
$0.00000112
$0.00000140
$0.00000172 (major resistance level).
🚀 Possible Scenario:
A successful breakout could lead to a significant rally, pushing towards the upper targets.
However, if PEPE fails to break resistance, the support zone around $0.00000074 may be retested.