#PEPE #BTC #ETH #BNB #XRP
PEPE
On the 4-hour frame
The trend is clearly downward within a descending price channel
Several important support areas have been broken (such as 0.00000987 and 0.00000937), confirming the negative momentum
If the price holds above 0.00000830, we may witness a temporary rebound towards 0.00000987 or 0.00001147
Breaking below 0.00000830 will likely push the price down to 0.00000758 and then 0.00000657
Buying now is risky due to the downward trend
It is better to wait for a break of the descending channel upwards with confirmation; this is not a recommendation, just an analysis that may be right or wrong.
