Is PEPE's rebound hitting a ceiling? The battle between bulls and bears is about to erupt!
PEPE has recently surged, finally getting close to the key resistance level of 0.025. This area has failed multiple times before, earning the title of "the bear's death zone." From a technical standpoint, the MACD fast and slow lines are gradually converging, and the bearish momentum bars are clearly expanding, indicating that selling pressure is gradually rising, putting the bullish forces to a severe test.
The situation is already clear: if it breaks through 0.025, the bulls will rise dramatically, and the bullish market atmosphere will soar to the clouds; but if it retreats again, it may be the prelude to a new round of bottom testing! Is this rebound a triumphant return or a desperate struggle? Everything depends on whether it can break through this barrier!
Stay calm and observe, patiently waiting for the market to speak for itself! Don’t rush to enter, waiting for the trend to break is the wise choice. Stay close to Jiang, gain insight into opportunities, and firmly grasp the market pulse!
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