📊 Market Overview: $PEPE is showing a significant bearish trend, declining nearly 6% in the last 24 hours. The price is hovering near its 24-hour low of $0.00001692, with selling pressure dominating the market. A critical test of this support level could determine the next move.
🔍 Key Observations:
Immediate support: $0.00001683
Resistance levels: $0.00001723 and $0.00001802
A continued downtrend below $0.00001692 could lead to a deeper decline.
💡 Trading Tips:
Consider long opportunities only if the price stabilizes above $0.00001692.
A breakout above $0.00001723 could signal short-term recovery.
Maintain tight stop-loss levels due to high volatility.