Crypto4light
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Bearish
$PEPE : Local Targets Analysis
Sooner or later, PEPE will conclude its uptrend and transition into a bearish trend. However, it’s too early to discuss that scenario now. I anticipate another upward impulse in the spring of 2025.
Current Situation
12-Hour Chart:
The market is trading within a sideways range.
A top and deviation above the range have already formed; it would be ideal to see a deviation below this range as well.
I’ve outlined a potential direction for the price movement.
I’m awaiting a test of the Buy Line from my Take Profit indicator.
Additionally, there was a buy signal generated on December 20th.
I expect to see a money outflow in the near future.
Sooner or later, PEPE will conclude its uptrend and transition into a bearish trend. However, it’s too early to discuss that scenario now. I anticipate another upward impulse in the spring of 2025.
Current Situation
12-Hour Chart:
The market is trading within a sideways range.
A top and deviation above the range have already formed; it would be ideal to see a deviation below this range as well.
I’ve outlined a potential direction for the price movement.
I’m awaiting a test of the Buy Line from my Take Profit indicator.
Additionally, there was a buy signal generated on December 20th.
I expect to see a money outflow in the near future.
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