$PEPE/USDT Update: Testing Key Support Amid Intense Sell-Off
Current Price: 0.00001933 (-13.27%)
$PEPE is under significant bearish pressure, trading at 0.00009679 after a steep 9.59% decline from recent highs. The price hit a 24-hour high of 0.00002297 before falling sharply to test the 24-hour low of 0.00002058, a critical support zone. If this level fails, the downtrend could continue to 0.00002050, reinforcing bearish momentum.
Traders should monitor for potential stabilization at this support level, as a rebound could lead to a strong recovery. For a reversal to materialize, bulls must reclaim the immediate resistance at 0.00002147. Breaking above this level could trigger a rally back toward the 0.00002297 peak, signaling renewed buyer interest.
Watch volume and momentum indicators closely to confirm the next move. Use tight stop-losses and brace for volatility, as PEPE remains a high-risk but heavily watched meme coin. Stay prepared for emerging opportunities.
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