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📉🔺 PEPEUSDT — Symmetrical triangle: silence before the storm? ⏳🐸
On the daily chart of #PEPEUSDT, a large symmetrical consolidation in the shape of a triangle is forming 🔼 — the market is gathering strength before the impulse 💥
📌 Technical picture:
The price is trading in a narrowing range between the upper resistance and the ascending support ⚖️
The Ichimoku cloud is almost broken down, but the price remains near the base — the battle between bulls and bears continues ⚔️
Parabolic SAR above the price, indicating short-term weakness 🔻, but at the same time, MA25/99 is still close — a rebound is possible.
📈 Scenarios:
A breakout above the zone of $0.00001190 will give momentum to $0.000013–0.000015 🚀
A breakdown below the level of $0.00001000 will open the way to $0.0000085–0.0000078 ❗️
⏳ What to pay attention to:
Volumes: a decrease in activity may be a trap before a sharp movement 📊
Consolidation above MA25 (0.00001153) will strengthen the bullish scenario 🟢
📉 Conclusion: $PEPEUSDT is trapped in a technical analysis spring. We are preparing for a strong movement — it’s time to make decisions based on the chart, not emotions. 📐 💣📈📉