Lingrid | PEPEUSDT long After FALSE Breakout
2025-01-23
Category: None

The price perfectly fulfilled my previous idea. It reached the target.  BINANCE:PEPEUSDT   market is forming a lower high with relatively equal lows, indicating a price squeeze. The price is pulling back towards the consolidation zone, and below that lies the December low, which I believe the market may dip below. On the daily timeframe, the market appears to be creating a bullish flag pattern. I expect the market to form a fake breakout of the support level at 0.000014, followed by a bullish move. This current pullback may be a trap for bears, and a breakout above trendline could lead to a continuation of the uptrend. My goal is resistance zone 0.000021



 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻