Pepe (PEPE): Possible Drop Incoming!

2024年7月17日

Pepe has made a nice rejection from the resistance zone, where the price has a good chance to re-test both the broken triangle formation and the 200 EMA.

RSI is on the bear side as we are in overbought markets right now so eyes are on possible downward movement here!

Swallow Team

2024年7月18日

註釋

Pepe has made a small movement here while we are still below the resistance zone.

As long as we are in the blink resistance zone, our gameplan is not changing, so eyes are open here!

2024年7月19日

註釋

Pepe has moved so far by 6% since the drop from the upper zones.

We are still far from EMAs so keep an eye on that zone there. Ideally, we should see a re-test of the broken zone near the triangle zone.