$PEPE
The initial support sits around $0.00000900, aligning with the 38.2% Fibonacci retracement from its recent swing high. This level may attract buying interest; however, if PEPE falls below it, the next significant support is around $0.00000850, aligning with the 50% Fibonacci level—a point where many traders anticipate potential rebounds.
Resistance Levels
If PEPE regains strength, its first resistance is around $0.00000950, close to the 23.6% Fibonacci retracement. Breaking above this level could allow PEPE to approach $0.00001000, a crucial psychological level that would indicate renewed buying interest and potential upward momentum.
Key Zones to Monitor
On a bearish note, a continued slide could see PEPE test $0.00000800, a robust support level that aligns with the 61.8% Fibonacci retracement—often viewed as a key reversal area. Alternatively, a move back through the $0.00000950 resistance could drive a stronger rally, potentially revisiting $0.00001000 and beyond.
