$PEPE After the huge rally of the previous week, $PEPE is now ready for a small correction.
This massive weekly candle is a testament to how many buyers are entering, even at a higher price.
Thus, my analysis and deductions lean towards a retracement reaching the $0.000015 support followed by $0.000014. It may drop a bit from this point, but it won't be long enough and $0.000014 will be a strong support level.
To my Binance Square family who have been eager to know when to enter, this is what you should watch out for this week. If the price reaches these levels, you can participate.
Although I advise you to do a little of your own research as well.
Currently, we can see that the price has broken the support of $0.000016 and reached a low of $0.0000156 for the day. So, it is clear from the price action that Pepe is trying hard to stay above support.
But the selling pressure has the upper hand, so we will see a downward movement.