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PEPE tests the potential rise channel base
PEPE is rebounding from the lower boundary of its descending channel, coinciding with diagonal support lines and historical reaction zones. This structure shows potential breakout setups as the price begins to curve upwards towards the middle channel resistance. If the support level holds, the trend towards the target range of 0.00001200 is favored.
Overall trend direction: short-term bullish reversal
Target focus: 0.00001200 is still the key resistance for breakthrough verification.