Pepe Coin ($PEPE) recently hit a new all-time high, extending a three-month uptrend.
The rally, led by PEPE's price surge, exceeded 20%, setting a new ATH above $0.000014 during early trading, marking a 55% increase over the past two days.
PEPE's price movement aligns with expectations post-breakout from the bullish flag pattern, maintaining an upward trajectory.
Surpassing the 1.236 Fibonacci retracement level at $0.00001316, $PEPE is poised to test higher targets, including the 1.50 Fibonacci level at $0.00001572.
Despite a selloff from its recent peak of $0.00001300, PEPE faces increased bearish pressure.
However, finding support at the 1.236 Fibonacci level suggests a potential trend reversal.
According to Coingabbar prediction, Alternatively, a surge may drive PEPE coin to resistance at $0.0000142, targeting $0.000018 before correcting.
If selling persists, the memecoin may drop to support at $0.00001, testing $0.0000088, shaking investor confidence.
KEY LEVELS :
RESISTANCE LEVEL : $0.000016000-$0.000020000
SUPPORT LEVEL : $0.000010000-$0.000008000
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