To where is PEPE heading?

●• What are we watching next?

If the price of PEPE is able to close and stay above the 200 moving average, it may confirm a bullish reversal, pushing the price up again towards the upper trend line, targeting a level of $0.00001770 or more in the short term.

#BTC110KSoon?

However, if the price fails to hold above the support of the lower wedge, the bearish pattern may prevail, which could lead to the price dropping below the level of $0.00001000, resulting in further decline.

#MarketRebound

It is also important to monitor market conditions in general. As the price volatility of Ethereum (ETH) continues, it may impact the sentiment of all meme coins, including PEPE.

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