The PEPE share has recently surpassed a key resistance level, driving it to retreat in its current upward direction. Nevertheless, technical indicators and market structure still indicate strength, with the possibility of forming a higher low.
The price movement of the PEPE share (PEPE) has stabilized after reaching a clear resistance level, but the overall trend remains strongly bullish. The recent decline is interpreted as a potential higher low under a sound market structure, with several convergence points indicating a new rise. Market participants are awaiting confirmed stability at the key support level to affirm the continuation of the rise.