$PEPE /USDT: Meme Coin Under Pressure – Is $PEPE Preparing for a Rebound?
Pepe Coin ($PEPE) is trading at $0.00002044, down -1.73% in the last session. The token faces selling pressure after reaching a session high of $0.00002190.
Key Levels to Watch:
Resistance: $0.00002190 – Breaking this could renew bullish momentum.
Support: $0.00002022 – A critical level to hold for stability.
Market Observations:
$PEPE has shown a series of lower highs, reflecting weakening momentum, yet buyers remain active near support.
Volume trends indicate reduced activity, hinting at a possible consolidation phase before the next major move.
Potential Scenarios:
Bullish Breakout: A move above $0.00002190 could open the path toward $0.00002250.
Bearish Breakdown: Failing to hold $0.00002022 may trigger a retest of $0.00002000 or lower.
Traders, keep an eye on volume surges and trend shifts. PEPE Will surprise the market with a rebound, or is further downside in store?