PEPE - Creating Market Structure
2024-11-28

Pepe is also forming some interesting market structure.

The purple line is very important to examine here. This line represents our previous ATH that was created May 2024. 

After our recent breakout sending us to a new ATH, Price dropped 33% and perfectly retested that previous ATH as a new level of buying interest. If this level can continue to hold it could the the launching point for the next leg. 