#MarketRebound
Where is PEPE headed?
●• What are we watching next?
If the price of PEPE manages to close and stay above the 200 moving average, it may confirm a bullish reversal, pushing the price back up toward the upper trend line, targeting a level of $0.00001770 or more in the short term.
#BTC110KSoon?
However, if the price fails to hold above the lower wedge support, the bearish pattern may prevail, which could lead to a drop in price below $0.00001000, and consequently further declines.
It is also important to monitor the overall market conditions. With the continued volatility of Ethereum (ETH) price, this may affect the sentiment of all meme coins, including PEPE.
