$PEPE is showing a consolidation phase today after a sharp move earlier this week. The chart reveals strong support around the 0.00000780 level, with buyers stepping in near this zone. RSI is neutral around 50, suggesting a potential buildup before the next big move.
Volume has slightly declined, indicating indecision among traders. If PEPE breaks above the 0.00000850 resistance with strong volume, we may see a bullish continuation. However, a drop below support could signal a short-term retracement.
For scalpers and swing traders, this is a crucial zone to watch.
