CandleFocus Can a Channel Breakout Propel PEPE Past $0.000017 to a New All-Time High?
2024-11-07
Author: Content Editor
The article discusses the potential for a breakout rally in the PEPE meme coin, which has seen a 32% gain from its 7-day low. The coin is challenging an overhead resistance trendline and has reclaimed a psychological milestone by removing a zero from its trading price. The MACD and signal lines have given a positive crossover, increasing the chances of a breakout rally. If the broader market recovers, the coin has the potential to extend its gains past the 50% Fibonacci retracement level and challenge its all-time high. Key support levels are located at $0.0000090 and $0.0000075.
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