#لا_إله_إلا_الله The cryptocurrency market has been experiencing significant volatility recently, with the popular meme coin PEPE emerging as one of the bearish currencies. However, technical indicators have suggested that the trend could reverse.
PEPE is facing important support points after experiencing significant selling pressure. The coin is trading at $0.000001785, down 1% in the past 24 hours, raising concerns among traders about a continued decline. However, the 50-day moving average, hovering around $0.000002041, suggests that the bullish market structure remains intact despite the recent declines. The narrowing gap between the 50-day and 200-day moving averages also shows weakening momentum.