PEPEUSD / UNDER UPWARD PRESSURE - 4H

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PEPEUSD - 4H TIME FRAME

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Tendency , prices is under upward pressure , until trading above turning level at 0.000007

Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 0.000007 , it is likely to move upward toward the resistance levels at 0.000008 and then 0.000009 .

Downward Condition :To reach the 0.000006 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.000007 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.000005 can be anticipated .

TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.000008 .
RESISTANCE LEVEL (2) : 0.000009 .

TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.000006 .
SUPPORT LEVEL (2) : 0.000005 .

TURNING LEVEL : 0.000007 .
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UPDATE
still continues a rising , yesterday prices rising +45 pip .
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