Pepe (PEPE): Expecting Bounce To Happen | EMAs Collided

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PEPE has been ranging tightly as the 100EMA and 200EMA collided, creating strong compression in price. We’ve seen candles bouncing from one side to another, with the range narrowing further each day.

This kind of structure often leads to an explosive move, and with price sitting in the current buy zone, it seems more than logical for buyers to push from here toward the next target.

Swallow Academy
Trade closed: stop reached
snapshot

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