#PEPE Market Analysis
PEPE is at 0.00000489 on the 4h, pushing back toward the highs after another higher low held well above the rising trendline from the mid August lows. Price is now pressing into the 0.00000500 to 0.00000510 zone that rejected it last week.
Bull case: clear 0.00000510 and push toward fresh highs beyond the 0.00000530 September top.
Bear case: reject here and fade below 0.00000460, pulling price back toward 0.00000440 and the trendline near 0.00000425.
Third time through resistance is the charm, or another rejection at the highs?
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Bitcoin Bullets® Trading
PEPE is at 0.00000489 on the 4h, pushing back toward the highs after another higher low held well above the rising trendline from the mid August lows. Price is now pressing into the 0.00000500 to 0.00000510 zone that rejected it last week.
Bull case: clear 0.00000510 and push toward fresh highs beyond the 0.00000530 September top.
Bear case: reject here and fade below 0.00000460, pulling price back toward 0.00000440 and the trendline near 0.00000425.
Third time through resistance is the charm, or another rejection at the highs?
➖➖➖➖➖➖➖
Bitcoin Bullets® Trading