TEKT0NIC

$PEPE – Descending Channel Reversal Setup

$PEPE is currently trading around $0.000004681 USDT, showing signs of compression within a well-defined descending channel on the 4-hour chart. Price action has been trending lower, but the chart now suggests a potential reversal setup as price approaches key levels.

The chart outlines two scenarios:

A bullish breakout toward the $0.000005000 USDT resistance zone, which could open the door to higher levels if momentum builds.

A bearish continuation toward the $0.000003427 USDT support level if price fails to reclaim the upper boundary of the channel.

📉📈 Target Levels:

Resistance zone: $0.000005000

Breakout targets: $0.000005500–$0.000007000

Support zone: $0.000003427

A confirmed breakout with volume would validate the bullish reversal and offer favorable entry points. Traders should monitor price behavior near the channel boundaries and watch for momentum shifts.

#PEPE #Macro Insights# #Altcoin Season# #Meme Alpha#