PEPEUSD Can rise aggressively if the Falling Wedge breaks.

Pepe (PEPEUSD) is trading within a Falling Wedge ever since the first sell-off and sits below both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) which made a double rejection on the latest Lower High on August 14 2023.

The 1D MACD is already on a strong post Bullish Cross sequence so the slightest break-out, preferably above the 1D MA50, will be a buy opportunity. The first and more reachable target will be a symmetrical with the Wedge's first rise at +128%, targeting 0.0000013500. If then the 1D MA100 holds as a Support, we will re-buy and target Resistance 2 at 0.0000019000.

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