$PEPE current technical indicators suggest a bearish trend in the short term. If the price fails to hold above the support level of 0.00002007, we could see further declines. However, a reversal could be signaled if PEPE breaks above 0.00002469 with strong buying volume.
Support and Resistance:
Support: Immediate support is around the 24h low at 0.00002007. If this level breaks, it could lead to further declines as selling pressure increases.
Resistance: The 24h high of 0.00002469 acts as an immediate resistance. A break above this level would be needed to indicate potential bullish momentum.
Traders should watch for a break of the current support and resistance levels to determine the next trend direction. Caution is advised due to the high volatility.
