WHY IS #PEPE DIPPING
It's obvious that #pepe's fall could be attributed to the fact that it has consolidated below $0.000001 while its resistance stands at $0.000000974 and its usdt trading support is at $0.000000911
While bulls are holding buying confidence as they aim for an immediate surge above Fib channels, today's analysis shows that bears face a selling pressure even as Pepe continues to encounter rejection with its consolidation being below $0.000001
WHAT NEXT
Bulls are eyeing a further recovery rally in the upcoming hours. If Pepe’s price successfully holds its momentum above $0.000000974, it will fuel a bullish rally to $0.000001089. If bulls fail to initiate a surge, Pepe price may drop below the immediate support line at $0.000000911, which may begin a bearish trend to $0.000000868.
