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PEPE Gears...
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TronWeekly

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PEPE Gears Up for a Breakout: Consolidation Phase Sets the Stage for a Major Move

  • Pepe Coin (PEPE) is currently in a consolidation phase after experiencing recent volatility. The price action is tightening within a narrowing range, indicating an accumulation period where traders position themselves for the next major move.
  • PEPE has surged by 12.90% in the last 24 hours, signaling strong bullish momentum and increasing the likelihood of an upward breakout.
  • Technical indicators, including RSI above 50 and a MACD crossover, suggest a bullish setup and potential uptrend.
  • Elliott Wave analysis points to a Wave 2 retracement, with key support between $0.00000675 and $0.00000573.

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