#MarketRebound
Where is PEPE headed?
●• What are we watching next?
If PEPE's price manages to close and stay above the 200 moving average, it could 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, which could lead to a price drop below $0.00001000, resulting in further declines.
It is also important to monitor overall market conditions. As Ethereum (ETH) price volatility continues, it may affect the sentiment of all meme coins, including PEPE.