📊 $PEPE forming compression under resistance
Chart-wise, I’m watching a tightening range with higher lows building pressure toward a clear resistance zone. That’s classic breakout structure.
Key levels:
• Immediate support: Recent higher low
• Major support: Range base liquidity zone
• Resistance: Multi-touch horizontal ceiling
• Breakout target: Prior swing high
If volume spikes on a breakout, meme coins like $PEPE can move aggressively due to thin overhead supply.
If rejected? Expect volatility — memes rarely move cleanly.
Are you trading the range… or waiting for the expansion candle? 🔥
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