$PEPE
PEPE Price Analysis: Triangle Pattern Holds Key to Breakout 🚀
The PEPE coin price is forming a symmetrical triangle pattern on the 4-hour chart, indicating a potential breakout that could set a decisive trend in motion 📈. Currently, PEPE is trading at $0.00002389, marking a 4% drop over the past 24 hours 📊.
Key Levels to Watch: 🔍
- Overhead resistance: $0.00002472 (center pivot level) ⬆️
- Local support trendline: $0.00002310 ⬇️
- R1 and R2 resistance pivot levels: $0.00002780 and $0.00003144, respectively 📈
- S1 pivot level: $0.00002107 ⬇️
Breakout Scenarios: 🤔
- Bullish breakout: PEPE must maintain a strong close above $0.00002472 to trigger a decisive bullish rally 🚀.
- Bearish breakdown: Failure to break bullishly could see PEPE fall toward the local support trendline near $0.00002310 ⬇️.
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