$PEPE Is Testing A Critical Breakout Area
PEPE
Is Testing A Critical Breakout Area 👀
I've been watching PEPE on the 3D chart, and one thing stands out. Price has spent months moving inside a descending channel, but the recent structure is starting to look different. The lower area around 0.00000255–0.00000208 has held as a reaction zone, while momentum is slowly improving from the lows.
The first level I’m watching is 0.00000312. A clean break and hold above the channel would matter more than a quick wick through it. If buyers can build acceptance there, the next important resistance sits around 0.00000458, with 0.00000709 higher up. ⚠️
I would not chase the first breakout. The better signal is a confirmed break, retest, and strong response from buyers. If PEPE gets rejected again, the lower demand area remains important.
#LEO524 #PEPE #Crypto #PriceAction #SMC
Analysis by LEO524