$PEPE is currently trading near a key resistance zone after showing minor bullish momentum. The price recently attempted a breakout but faced rejection, indicating strong selling pressure at higher levels.
If the price manages to break above resistance, we can expect continuation towards the next target zone. On the downside, immediate support is holding strong, and as long as price stays above it, bullish structure remains intact.
However, a breakdown below support could trigger further downside movement. Overall, market sentiment remains slightly bullish but cautious, with traders waiting for confirmation before entering positions.
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PEPE
0.0₅393
+0.51%