🚀 Long Thesis: Why
PEPE Could Be Poised for a Major Move
PEPE, one of the strongest meme coins in the market, has dipped to a crucial support level that has historically held firm. If you zoom out on the daily and 4-hour charts, you'll see this support has been a solid floor in the past.
Meanwhile,
BTC has found strong support around the $58,000 level and is starting to show signs of life. Historically,
PEPE has trended in the same direction as $BTC.
Entering a long position here offers a well-defined risk-to-reward setup. With
BTC potentially gearing up for a move towards $60k or higher,
PEPE could follow suit, making this an attractive buy.
Meanwhile,
Entering a long position here offers a well-defined risk-to-reward setup. With
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