The market has fallen sharply and major tokens have all seen a sharp correction, with BTC $PEPE and $DOGS being no exception. Market leader BTC is facing a massive sell-off, plunging 5% to $53,914. With resistance at $57,350 and support at $52,550, traders are keeping a close eye on where to go next. This key support level could spark a rebound or a breakout to set new lows.
The sensational meme token PEPE fell 6.56% and is now trading at $0.00000669. This could be an ideal entry point for traders looking for a sharp rebound, but a break below the $0.00000650 level could spell trouble. DOGS has also felt the pressure, falling 4.92% and is currently priced at $0.0010328.
The market is sending shivers down the spine of traders as the battle between bulls and bears intensifies. As BTC holds key support, it’s a game of patience to see if it will bounce back or continue to fall. PEPE, known for its wild volatility, may soon see volatility, providing opportunities for both longs and shorts.
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