ATTENTION:
PEPE recently hit a new all-time high of $0.0000266, fueled by a 20% surge that took its market cap above $11 billion. #Inside #BitcoinsCoingape
However, technical analysis suggests that a correction may be on the way. After a 105% monthly gain, PEPE is facing bearish momentum, with support identified at $0.0000139. A recovery could send the price towards the resistance of $0.0000228, but volatility remains high. BeInCrypto Furthermore, PEPE’s listing on Coinbase, while initially positive, could lead to profit-taking by investors, resulting in a brief correction. #BeInCrypto
Given the volatile behavior of memecoins and recent price fluctuations, caution is advised when considering purchasing PEPE at this time. While there is potential for further gains, the risk of significant corrections is high. Investors should be prepared for the possibility of substantial losses and carefully consider their risk tolerance before investing in PEPE.