Where is PEPE heading?

●• 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 towards 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, potentially leading the price to drop below the level of $0.00001000, and thus further decline.

It is also important to monitor market conditions in general. As Ethereum (ETH) price continues to be volatile, it may affect the sentiment of all meme coins, including PEPE.

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