Okay, sir hear me out, I mean
PEPE
is technically now at support (green) and facing the diagonal resistance (blue). We are forming a bullish engulfing around support trying to break that 50 EMA. Let's see how the candle closes moon boys. In technical analysis is we should always trade with the trend, and the current trend is UP. But it can be broken anytime. Dont take anything I say for granted nor as financial advice.
PEPE
is technically now at support (green) and facing the diagonal resistance (blue). We are forming a bullish engulfing around support trying to break that 50 EMA. Let's see how the candle closes moon boys. In technical analysis is we should always trade with the trend, and the current trend is UP. But it can be broken anytime. Dont take anything I say for granted nor as financial advice.
KSC