🐸 PEPE under pressure: Bounce or more drops? 🐸
The price of $PEPE shows a clear downward trend after losing the key support at 0.00000869 and breaking the upward trend line. Currently, the main support is at 0.00000326, an area where the price could attempt a short-term technical rebound.
However, as long as it does not recover the resistance of 0.00000981 and surpass the downward trend line, the outlook remains negative. If the support fails, we could see new lows in the coming days. In the medium term, recovery will depend on a change in market sentiment and greater buying volume.
Stay alert for the upcoming movements and manage your risk!
