PEPEUSDT is forming a potential reversal setup after rebounding from the 0.00000876 support within a well-defined downward channel. Price action shows signs of accumulation with a right shoulder (RS) formation and a potential breakout brewing above the descending blue trendline. A clean push toward the 0.00001125 resistance would confirm the pattern and may trigger further upside toward the red trendline.📈 Key Levels
- Buy zone: 0.00000876–0.00000900
- Sell trigger: failure below 0.00000876
- Target: 0.00001125
- Buy trigger: breakout and retest of 0.00000960–0.00000980
💡 Risks
- Strong resistance from downward channel could limit upside
- Breakout failure may trap buyers near 0.00000980
- Low liquidity increases volatility risk near major levels
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.