PEPE is showing signs of strength as price continues to compress beneath a key resistance level while respecting an ascending trendline, forming a classic ascending triangle on the 1-hour timeframe. This pattern typically reflects increasing buying pressure, as buyers continue stepping in at higher prices while sellers struggle to push the market lower.
Trade closed: target reached
FULL TP HIT
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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.