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