Does PEPE coin need an emergency safe haven?

If this trendline holds as a pullback resistance, a 20% drop from the breakout point to $0.0000903 is possible. This is the 61.8% Fibonacci retracement level from the $0.0000393 swing low on April 13 to the $0.0000172 swing high on May 27.

PEPE’s daily active addresses continued its sluggish state in May, decreasing by 24% in the previous week. This decrease suggests that PEPE’s network is losing demand, which could cause the frog-themed meme currency to collapse.

PEPE’s daily candle chart price closed above the June 16 high of $0.0000125, which would imply a market breakout. This would undermine the bearish thesis and could trigger a 22% rebound from the June 6 daily high to $0.0000152.

To learn more about cryptocurrency investment logic, please visit my homepage! Introduction🌟

Given the market sentiment of selling pressure and panic, if the position is high, you can cut it first, and if it is not high, you can wait for the Ethereum ETF to be listed, which is good for the Ethereum ecosystem, including its MEME currency. #PEPE创新创历史新高 #美国PCE数据将公布 #Mt.Gox将启动偿还计划