#PEPE/USDT ANALYSIS
PEPE is currently consolidating within a descending broadening wedge pattern and trading inside the Ichimoku Cloud. A breakout above the wedge would signal a bullish trend.
While a breakdown below the Ichimoku Cloud could lead to further downside movement. Keep an eye on these key levels for potential shifts in market direction.
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💎#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern with strong volume. It has recently broken through the Ichimoku Cloud resistance barrier and the 100-day moving average, both of which are now acting as support below the current price action.
A successful retest of these levels above the 100MA and Ichimoku Cloud would reinforce the bullish sentiment for BTC. Moreover, a solid breakout from the pattern could trigger another bullish rally in the crypto market.
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