Pepe (PEPE): Expecting Slight Bounce | Bullish Momentum
PEPE is showing strong bullish momentum right now, with RSI pushing into the overbought zone. That usually tells us we’re getting close to either a rejection or a sideways pause, not an instant top.
The zone we’re watching sits right around the start of the previous “doomsday dip.” That area acted as a key pivot before, and it’s where reactions are very likely again.
The expectation is simple. Just like on May 7th, when price broke above the EMAs while RSI was overbought, we’re looking for a similar playout here. From this zone, there are three potential entries to watch depending on how price reacts — continuation, pullback, or re-test.
Swallow Academy
The zone we’re watching sits right around the start of the previous “doomsday dip.” That area acted as a key pivot before, and it’s where reactions are very likely again.
The expectation is simple. Just like on May 7th, when price broke above the EMAs while RSI was overbought, we’re looking for a similar playout here. From this zone, there are three potential entries to watch depending on how price reacts — continuation, pullback, or re-test.
Swallow Academy
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🌎 Website:
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🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.