cryptovatsik

PEPE Coin $PEPE - Reclaiming levels

Long
GATEIO:PEPEUSDT   Pepe/Tether
PEPE

Here is what I currently see on this meme coin:

1) Accumulation (yellow) powered the move to break out of the first major resistance level and that area is now smoke in mirrors

2) Reclaim of a second major resistance level that price consolidated at for quite some time with high regard and next to zero deviations below it

3) Reclaim of 100 EMA

4) Current resistance rejected price, and now consolidating at the 618 fib and retesting the previous leg's high

5) Volume range profile showing price likes the current level (green dashed line) and this is derived from market volume, not by me. This is a key area to maintain.

Consolidate a bit more, reclaim resistance above and I think it is game on for this meme digital asset.

V

Vatsik
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