PepsiCo, Inc. (PEP) (1W) NASDAQ- A potential bullish sentimentPepsico, Inc.BATS:PEPDr_BeanPrice Action: Recent Movement: The most recent price action shows a significant increase, with the price moving up by 5.71%, closing at $150.08. This is a positive sign, suggesting a strong upward momentum in the short term. Support and Resistance Levels: Resistance: The chart indicates several resistance levels, primarily around the $195.59, $190.00, and $181.41 levels. These levels have been touched previously and could act as barriers for upward movement. Support: The support zones are found around $139.49 and $149.97, with the latter being closer to the current price. If the price falls to these levels, it may face buying interest, potentially leading to a bounce. Volume Trend: The most recent volume is significantly higher than average, as indicated by the thick blue bar at the bottom of the chart. The price is rising along with volume, which is a confirmation of the upward move. In the previous periods, the volume oscillated but generally increased when prices moved upward, and volume decreased when prices fell, suggesting some correlation with price movement. The recent rise in price suggests a potential bullish sentiment, especially given the higher-than-usual volume. Resistance levels will be critical in determining the next movement. If PepsiCo can break above the $170-$180 zone, further upside could be possible. ✅ Educational purposes only (not investment advice) ✅ Independent team (no regulatory registration claim) ✅ Consult a licensed advisor before making trading decisions.