PEPE/USDT Analysis – 4H Chart  Pattern Identified: Falling Wedge
2024-11-29

The price is consolidating within a falling wedge pattern, typically considered a bullish reversal setup.

Breakout Potential: A breakout above the wedge's resistance line could lead to an upward move towards the target of 0.00002800.


Key Levels to Watch:

Support: 0.00001800

Resistance: 0.00002200


Strategy: Wait for confirmation of the breakout above resistance with strong volume before entering long positions. Manage risk with tight stop-loss placements below the lower wedge boundary.

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