Pepe (PEPE)

Similar to Solana & Bitcoin, PEPE is also consolidating within a narrow range but along the lower trend line as a support. The memecoin is trying hard to undergo a strong recovery as the token continues to trade within an ascending triangle. The bulls are trying hard to reclaim $0.00001 but the bears are expected to intensify their activity soon.

The PEPE price in the short term indicates a rally to face another bearish pullback below $0.00000750. The MACD is turning bearish while the levels are trying to enter the positive range, which may not be good for the PEPE price rally. Therefore, after reaching this support, the price is expected to trigger a rebound, as the volume may explode after extreme compression. $PEPE