Lingrid | PEPEUSDT range BREAKOUT. Potential Buying OPPORTUNITY
2025-01-01
Category: None

BINANCE:PEPEUSDT  has been in a consolidation phase for over a week. Recently, it broke out and closed above this zone, reaching levels above 0.00002. Now, it's pulling back to retest that consolidation area. The price has been following a downward trendline, and if it rejects that trendline again, we could see a bullish move. On the daily timeframe, the price bounced off the support level, forming a long tail bar, which is a positive sign. I expect the market to retest the middle of the consolidation zone that often acts as support and resistance, followed by continuation upward move. My goal is resistance zone around 0.00002185


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