What's next for
$PEPE ? | 2h Timeframe Chart Analysis
- Given the strong bearish structure, my expectation is for price to at least test or briefly sweep below 0.00000340. If this happens and is followed by a sharp reversal (liquidity grab scenario), I expect a move up to 0.00000350, possibly 0.00000360 as targets.
- If no bullish reversal is seen below 0.00000334 and price starts closing candles below this level, the next support is down at 0.00000315 and 0.00000310.
- If price reclaims and closes above 0.00000354 and then above 0.00000360 with momentum, the bias would flip bullish and I’d ex