PEPE USDT Trend Analysis and Breakout Possibilities
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The price is in a sell trend and currently in a range. It is now at our support level, where we can look for buying opportunities. However, we need to be cautious due to multiple touches of the support, as this indicates that the zone is no longer as strong. Sooner or later a false breakout or an actual breakout of the zone may occur. Therefore, we can also monitor the breakout of the zone for a potential continuation of the sell trend.
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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.