$PEPE has moved above the 0.0₅47 level, with the current price at 0.0₅472.
Round-number levels themselves don’t have any special meaning, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is usually intense.
The key is whether it can hold 0.0₅47 on a retest. If it does, resistance turns into support. Do you think this is the beginning or the end?
Round-number levels themselves don’t have any special meaning, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is usually intense.
The key is whether it can hold 0.0₅47 on a retest. If it does, resistance turns into support. Do you think this is the beginning or the end?