When Pepe (PEPE) experiences an 8% drop from its recent high, traders wonder if it's an opportune moment to buy. After reaching new all-time highs, Pepe's price has declined steadily by 12%.đ„đȘđŸ Last week, the unexpected return of GameStop's Roaring Kitty fueled Pepe's surge to $0.000011. Despite the subsequent dip to slightly over $0.00010, bullish sentiment persists. đđđȘChart analysis suggests caution, advising traders to wait for a retest of the upper boundaries of a broken ascending triangular structure, potentially around $0.00000920, for solid price support. With a market cap nearing $4.3 billion, Pepe could further rise in popularity, possibly competing with Dogecoin and Shiba Inu, which boast market caps of $21.9 billion and $14.6 billion, respectively, and significant Twitter followings. #MemeWatch2024 #pepe #SHIB #DOGE
