$PEPE $BTC Coin $PEPE is suffering from negative pressures

The price of Pepe (PEPEUSD) has decreased during its recent trading at the moment levels, amid continued negative pressure due to its trading below its simple moving average for the previous 50-day period, and under the control of the short-term downward corrective trend and its trading along the trend line, with positive signals coming from the relative strength indicators, after reaching areas of severe saturation with buying operations.

Therefore, our expectations indicate a further decline in the price of the currency during its upcoming trading, as long as the resistance level of $0.000021865 remains stable, targeting the first support levels at $0.000017223.

The expected direction for upcoming trading: Downward