PEPE Performance Over the Last 7 Days🐸

In the past week, PEPE coin has faced a notable decline in both its price and trading volume. The price of PEPE has dropped by around 10.6%, with its current value lingering near $0.0000007. This downward trend follows a month-long correction from its previous all-time high, with the coin moving sideways around key support levels. Despite the drop, there are signs that PEPE could be gearing up for a potential breakout, especially if it maintains the recent increase in trading volume.

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There was a significant surge in trading volume at certain times, showing increased investor interest. In particular, the past week saw a 105% increase in 24-hour trading volume, coinciding with a slight recovery attempt by the coin. Moreover, the rising open interest in PEPE suggests that more capital is being invested in the asset, which could support a rebound if market conditions improve.

However, overall sentiment remains cautious as the coin continues to encounter resistance at key price levels.

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