The daily chart of PEPE appears quite promising to me 👀
Currently, the price is retracing to test the support area after breaking above the descending trendline.
If the price forms a reversal pattern at the support area, or at the weekly trendline (the red line), that would be a good entry point to make new purchases in the meme coin.
It's also important to keep an eye on the movements of Bitcoin, as PEPE tends to be heavily influenced by it.
Just to remind you, this is just an analysis and not an investment recommendation.
#PepeCoinToTheMoon #BTC☀ #TraderEducation #TradingMadeEasy
