If history should repeat using the 50 - Monthly Simple Moving Average (50-SMA), $PEPE could be approaching a major bottom zone 📉

My base case scenario:

We might see consolidation around current levels or a final liquidity sweep to the downside.

📊 Key Levels to Watch:

• Potential bottom zone: 0.0000XXXX range

• Strong support forming below current price

• Possible breakout after accumulation phase

Only if history repeats itself, we could see a strong reversal from this zone 🚀

After that, I expect a re-break of previous highs with momentum building towards the next major resistance level.#ARKInvestReducedPositionsinCircleandBullish #PEPE‏ #CZ’sBinanceSquareAMA