#TradersLeague

PEPE's Wild Ride Last Week!

PEPE has seen some significant price action over the past 7 days. It's been a choppy week for the popular memecoin, experiencing a decline of approximately 5-7% against the USD. While there were brief bounces, overall selling pressure dominated.

Key observations for PEPE's performance:

Volatility Remains High: As expected with memecoins, PEPE continues to show high volatility.

Brief Recoveries, Then Dips: We saw some attempts to recover, but these were often met with resistance, leading to further price corrections.

Market Sentiment: Broader crypto market sentiment has played a role, with a slight downturn impacting memecoins more acutely.

Traders are watching crucial support levels. A sustained break above its recent range is needed for a bullish reversal. Stay sharp and manage your risks when trading PEPE on Binance!