Pepe coin market analysis: Can it hold key support levels and reach new highs?

Pepecoin prices have pulled back significantly in the past 24 hours as the Bitcoin market is in turmoil.

Investors are speculating whether the Pepe coin can challenge its all-time high again or fall towards the support level of $0.00000880.

Personal analysis of current situation:

The Pepe coin suffered heavy losses after reaching new highs, but some investors remain confident and expect it to rebound.

Market uncertainty is high, and investors need to carefully assess risks.

key support level

$0.00001150: If Pepe Coin can hold this support level, it may have the opportunity to reach new highs.

$0.00000880: A break below the former support could lead to a further decline to this level.

Pepe's recent performance

Pepe currency rebounded after a week of weakness, with gains as high as 157.85%. However, it subsequently encountered short pressure and increased market selling pressure.

Personal summary analysis:

The Pepe coin market faces greater uncertainty, but if bulls can hold on to the support level, Pepe coin is expected to challenge historical highs again this month.

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