$PEPE /USDT: Testing Critical Lows – Is a Reversal Near?
$PEPE has plunged by 11.19% over the past 24 hours, trading at $0.00001865 after hitting a 24-hour high of $0.00002109. The price is now testing critical support at $0.00001860, a level that has acted as a potential rebound zone in the past. The sharp sell-off, accompanied by significant trading volume of 17.32T PEPE, indicates heightened market activity, making this a crucial level to watch for any signs of a reversal.
If $PEPE manages to hold above $0.00001860, traders could anticipate a short-term recovery targeting resistance levels at $0.00001950 and $0.00002000. However, failure to defend the current support may lead to further downside toward $0.00001800. Traders are advised to employ tight stop-loss strategies and monitor buying momentum closely for profitable trade opportunities.
