PEPE Maintains Rising Trendline Support, Eyes Breakout Above 100 EMA
Recent analysis by UniChartz indicates that PEPE has been consistently respecting a rising trendline, showcasing strong bullish momentum. Key points include:
- Repeated validation of the trendline suggests buyers are actively defending support levels.
- The price recently rebounded off the trendline, confirming it as a critical support zone.
- The MACD indicator is turning positive, indicating increasing bullish momentum.
- PEPE is nearing a test of the 100 EMA resistance; a breakout could catalyze further price increases.
- A successful move above key resistance levels could push PEPE towards $0.00001152, followed by targets at $0.00001313 and $0.00001731.
Strengthening indicators suggest PEPE is positioned for potential gains, contingent on overcoming resistance levels.
