PEPE coin long term analysis - testing support after breakout
PEPE coin broke out of a Triangle pattern and appeared to decouple itself from the major coins based on its internal macro fundamentals.
There appears to be retesting of previous support and buying zones, as well as a confluence of the longer-term technical indicators levels.
Regardless of whether the retracement was a result of profit-taking, internal structural challenges or the general crypto market direction, how price responds to these levels will be extremely informative.
Observe for volume breakouts to confirm directional sentiment.
There appears to be retesting of previous support and buying zones, as well as a confluence of the longer-term technical indicators levels.
Regardless of whether the retracement was a result of profit-taking, internal structural challenges or the general crypto market direction, how price responds to these levels will be extremely informative.
Observe for volume breakouts to confirm directional sentiment.
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