#pepe⚡ #pepe能不能拿 #山寨热点 $PEPE

PEPE is preparing to make new all-time highs 🚀

So far in this cycle, Pepe has become one of the best performing crypto tokens.

In early May, Pepe reached a high of 0.0000179 after breaking out of an inverse head and shoulders pattern. At that time, buyers lost some momentum and the coin entered a consolidation phase.

Here are two reasons why Pepe may have reached a local bottom and will soon target a new ATH.

1️⃣ Technical indicators: On the daily chart, Pepe is showing a bullish MACD crossover. This signal is reliable, especially on higher timeframes. Backtesting shows that in 70% of the cases, the price has risen by more than 10% after that.

2️⃣ Chart setup: On the daily chart, Pepe is forming a nice U-shape with a bottom at 0.00001.

If $PEPE follows this pattern and gets a boost from bullish indicators, it is likely to reach the previous all-time high again.

Based on current levels, this would bring a potential of 35% - 40%.