$PEPE 4H – Approaching a significant resistance with strong fundamental support ✍️
PEPE is currently trading below the descending trendline resistance that has capped price increases since late 2024.
The support zone between $0.0000055 – $0.0000065 is considered a key long-term pivot point.
The Relative Strength Index (Stochastic) shows neutral momentum, indicating the possibility of either breaking the trend resistance or continuing the consolidation.
- A breakout above the resistance could push the price towards $0.000015 or higher.
- A rejection at the resistance may lead to a re-test of the support.
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