#MarketRebound
Where is PEPE headed?
●• What are we watching next?
If the price of PEPE can close and stay above the 200 moving average, it may confirm a bullish reversal and push the price up again 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, which could lead to the price dropping below the level of $0.00001000, and thus further decline.
It is also important to monitor overall market conditions. As the price of Ethereum (ETH) continues to fluctuate, it may affect the sentiment of all meme coins, including PEPE.