Pepe Coin (PEPE) Rebounds from Support, Eyes Breakout

Our analysis of Pepe Coin reveals that the token has rebounded after hitting its previous support level of $0.000005 on March 5. Following this bounce, PEPE reached a high of $0.00001 before experiencing a price drop alongside the broader market slump.

However, PEPE now appears ready to break out of a descending channel, provided market conditions improve. The token is currently trading at $0.000006994, with a 24-hour low and high of $0.000006005 and $0.000007393, respectively.

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