PEPE price may manage to turn $0.00001000 into support and escape consolidation only when demand is high. The recovery may take longer as overall market signals are weak at the moment. This will keep profits away from investors and ensure consistent green candlesticks until the breach occurs.

With this process, PEPE may rise to the level of 0.00001146 dollars. On the other hand, a decline to $0.00000775 means that the memecoin project will remain consolidated. This could invalidate the bullish thesis and leave memecoin vulnerable to further declines.