$PEPE
Expected scenarios for the overall trend
Main scenario (continued upside):
Staying above the support zone between $0.00000485 – $0.00000495 will push the price to test the previous high at $0.00000536 and then extend toward levels of $0.00000580.
Alternative scenario (healthy correction):
A temporary pullback to unwind the overbought condition on the RSI and test the main support area around $0.00000450–$0.00000470 (near the EMA 9 and Supertrend on 4H). This zone is an opportunity to form a new rising bottom and continue the overall uptrend.
Expected scenarios for the overall trend
Main scenario (continued upside):
Staying above the support zone between $0.00000485 – $0.00000495 will push the price to test the previous high at $0.00000536 and then extend toward levels of $0.00000580.
Alternative scenario (healthy correction):
A temporary pullback to unwind the overbought condition on the RSI and test the main support area around $0.00000450–$0.00000470 (near the EMA 9 and Supertrend on 4H). This zone is an opportunity to form a new rising bottom and continue the overall uptrend.