๐ธ PEPE at a Crossroads: Dip Before the Rip? ๐๐
PEPE is currently in a pullback phase, trading around 0.00000990 USDT, down nearly -5% on the day. The price is hovering just above the 99-day moving average (MA99), a critical support level that has historically signaled potential bounce zones. The MACD is still in bearish territory, and short-term MAs like the 7 and 25-day are trending downward โ indicating selling pressure. ๐ป
However, volume remains solid (13.87T PEPE traded), showing the community is still actively involved. If support holds and buyers step in, PEPE could bounce back fast โ especially given its strong meme coin presence and past explosive moves. This may just be a cooldown before the next leg up. ๐ธ๐
