PEPE Bulls Defend Key Support Zone—Are We Ready for a Breakout?
2024-10-11

Yello, Paradisers! Is #PEPE about to make its next big move? #PEPEUSDT is currently re-testing a crucial support zone that it has already defended twice, showing signs of strong bullish resilience.

💎PEPE recently tested its previous range breakout levels, establishing a bullish Morning Star pattern on the first bounce. Now, a Hammer Candlestick is emerging, which indicates that the bulls are aggressively protecting this zone. If the bulls hold their ground, we could see an initial push towards the descending resistance at 0.0000101.

💎This descending resistance level at 0.0000100 needs to break if bulls want to regain momentum. Should PEPE overcome this, price could see a sharp rally towards 0.0000113 - 0.0000118, a key resistance that has previously forced prices lower. In between, keep an eye on the 0.0000105 minor resistance—an initial hurdle for the bulls.

💎If the bullish momentum extends beyond 0.0000118 and holds, there’s potential for PEPE to target much higher levels around 0.000013 - 0.0000135.

💎Currently PEPE is taking strong support from 0.00000881 - 0.00000855 levels, a range that has twice prevented sellers from pushing lower. Additional strong support lies just below, at 0.00000790 - 0.00000765, making it tough for bears to gain control.

Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!

MyCryptoParadise
iFeel the success🌴