PEPE → Potential Rebound at Key Support Zone
2024-10-06

hello guys.

 Descending Resistance Line:  The price broke above a long-standing descending resistance line but is now retesting this line, which could act as support.

 Support Zone ($0.00000077 - $0.00000074):  The price is approaching a strong support area highlighted in the chart, which has been previously tested multiple times. If the price reaches this zone, a potential rebound is expected.

 Bearish Retest and Pullback:  There's a bearish pullback after a recent rally, with the possibility of retesting the resistance line or lower support levels before any significant upward movement.

 Bullish Scenario:  Should the price successfully bounce off the support zone, a strong recovery is anticipated, with a potential upward move towards $0.00000110 or higher, as illustrated on the chart.

 RSI Indicator:  The RSI is in the lower range, suggesting the asset is nearing oversold territory, which might contribute to a reversal in the coming sessions.

___________________________

✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and