Update on $PEPE
The current $PEPE chart doesn’t provide a clear high timeframe perspective, but here’s what to watch for:
- Key Support: The blue support line is crucial. $PEPE must hold this level to maintain its current position.
- Resistance Challenge: To reach new all-time highs, $PEPE needs to break above the arching resistance line.
- Risk of Correction: If the price drops below the blue support line, a strong correction could follow.