Technical Analysis Update, Pepe Coin Today 12-05-2024

Hello Everybody Welcome to my blog. Today we are going to talk about the Pepe Coin

Pepe still has a few more things to do so what is that thing is it exactly that Pepe is struggling to get above this level okay we need to see Pepe getting above that level yes you have the inversed and shoulder as I told you many times we broke above you came for the retest of that inversed and shoulder is pretty much done right now we don't see 5862 because coming down 5862 destroys the whole inverse head and shoulder pattern

We also are struggling to get above and back up to the all-time high because this resistance is still something that must be taken into consideration you got your first touch your second touch and your third touch right over here so it's acting as a block, it's not allowing the prices to move any higher

I won't see it break to the upside what I can do now is I can navigate the maximum time you're going to take so from there to there we are looking at until 14 of May so we climbing up just a little bit like this we're pushing up and until 14th of May it is either we break down and go to the downside like this again and push down to 7831

Or finally do break above and continue to move even higher so two more days to break