$PEPE
PEPE Rally Pauses as Musk’s Influence Fades
Renaming Elon Musk’s “Kekius Maximus” and Pepe’s Avatar Caused PEPE Price to Rise 12 Percent.
PEPE is down 4 percent in 24 hours, with high trading volumes indicating increased selling pressure.
Outflows and supertrend resistance point to further decline, with PEPE likely to reach $0.0000017.
When the price of an asset falls below the supertrend line, it indicates bearish momentum in the market. This line acts as a resistance level, making it difficult for the price to break it.
For Pepe, this resistance is at $0.000024. If the downtrend continues, the price of the Pepe meme coin could drop to $0.0000017.
On the other hand, the price of Pepe could attempt to break the $0.000024 resistance level. If successful, it could reclaim its all-time high of $0.000028.