🚨 Rapid Analysis: PEPE Shows Signs of Struggle 🚨

The eagle eyes are on PEPE as it faces a critical resistance crunch:

📉 PEPE has shown a lack of sustained momentum above the monthly Value Area High (VAH).

🛑 There's been a sharp rejection indicating an increased likelihood of a retest of the monthly Value Area Low (VAL).

💸 The Dollar Index (DXY) soaring past the 105 mark exerts a strong bearish influence on crypto assets, including PEPE.

⚠️ Caution is advised for long positions; waiting for a dip to the monthly Volume-Weighted Average Price (mVAL) could be a strategic play.

Remember, the markets wait for no one! Stay vigilant and engage with this content by tipping or sharing your thoughts below. 📈📉 #Memecoins #DXY $PEPE