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After breaking the $0.00000777 level, PEPE attempted to retest it and sellers took control. The 10 SMA also became a strong catalyst for price rejection from the $0.0000085 retest level. Furthermore, the bearish price action in PEPE is evident as the lower low formation continues.
The next support levels for PEPE are $0.000006 and $0.000005, while the upside resistance is $0.0000089 and the major resistance zone is $0.000011. The Relative Strength Index (RSI) is at 36, indicating a bearish trend for the price of PEPE. New updates and developments in PEPE may help the price change to the upside.
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