"Cryptocurrency Market Analysis: $PEPE

$PEPE is exhibiting a bullish market structure, indicating a potential return to its previous all-time high (ATH). The recent rejection and retest of the ATH suggest a strong upward momentum. The funding rate is increasing significantly, indicating a large number of investors are longing for the dip, which is expected to continue. This scenario may lead to a filling of the gap below, potentially driving the price upward. Keep a close eye on $PEPE's performance in the altcoin market, as it may be a key player in the meme coin space in 2024."

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