🚀🚀 BREAKING 🚀🚀

PEPE/USDT is facing a sharp decline, currently priced at $0.000000722, down 4.87% for the month. This follows a volatile few months, where the token surged to highs near $0.000001671 before retracing back to current levels. Despite a large trading volume of 83.221T, indicating strong market activity, the price action remains bearish.

The 7-day SMA is at $0.000000981, acting as immediate resistance, while the 25-day SMA remains above, further strengthening bearish momentum. The 99-day SMA reflects the long-term resistance overhead, keeping the market cautious for any potential upward move.

The RSI (Relative Strength Index) is 59.57, suggesting neutral market sentiment. It is neither in oversold nor overbought territory, leaving traders uncertain about the next move. If the RSI trends lower, it could signal a buying opportunity, but until then, caution prevails.

Despite being a popular meme coin, PEPE is struggling to find strong support, and traders are closely monitoring whether it can bounce back from these levels or continue its downward trend.

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