#PEPEBrokeThroughDowntrendLine PEPE’s price action! 📈
Breaking through a downtrend line usually signals a potential trend reversal or at least a short-term bullish momentum. Traders often look for:
1. Volume confirmation – Higher than usual trading volume strengthens the breakout.
2. Retest of the trendline – Sometimes the price comes back to test the broken line as support.
3. Next resistance levels – Look for previous highs or psychological levels (like round numbers) as targets.
4. Indicators alignment – RSI, MACD, or moving averages can confirm bullish strength.
If PEPE keeps holding above that downtrend line, it could set up for a solid upward move.
#PEPEBrokeThroughDowntrendLine #Write2Earn! $XRP
If you want, I can sketch a quick chart showing the breakout and potential targets for PEPE. Do you want me to do that?