✅$PEPE is in this interesting zone and showing some interesting pirce action.
✅The price is currently in a supply zone and in the bottom of that zone there is a support line.
✅The price is bouncing in between the upper limit of the supply zone and support line.
✅We can clearly see that price has shown rejection to lower prices and we can see rejection to higher prices near the upper end of the supply zone.
✅So, PEPE is in a trading range and the price is consolidated.
✅This price action however is happening with low volume showing that there is less interest in major players in the market.
✅As more and more buying and selling orders accumilate beside this zone, there can be vigorous price movement to either side to take out all the stoplosses.
✅Better to keep and eye on the market and wait without jumping into trades as its very hard to predict who will dominate the market over the next few days.
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😇😇tip if you find this information useful in your trades..Helps me a lot
