#PEPE✈ $BTC Pepe Possible situations:
Short-term decline:
The RSI in the overbought zone and the possibility of engulfing the downtrend suggest that PEPE price is falling in the short term. In this case, the price may return to the previous support level.
Support level:
The PEPE support level can be determined based on previous price movements. These levels indicate potential points where the price could stop in the downtrend and start rising again.
Therefore, PEPE prices may decline in the short term, but this correction could be part of a longer-term uptrend. It is important to be cautious and monitor the market closely when making investment decisions. Long-term growth potential:
After a short-term correction, PEPE price could enter a long-term uptrend, creating higher lows and higher highs. In this scenario, healthier growth could continue due to a break from overbought conditions.
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