#TradersLeague

PEPE Performance - What's Next?

PEPE has seen a fluctuating past week, with some significant dips and a recent 17% surge, breaking a bearish trend. While it showed impressive recovery on Sunday, it's currently consolidating. Key technical indicators suggest a neutral to slightly bearish bias in the very short term, with resistance around $0.00001080.

However, analysts note a potential for a 50% rally if PEPE holds crucial support levels around $0.0000099. Increased trading volume and outflows from exchanges suggest accumulation. Keep a close eye on Bitcoin's movement and overall meme coin sentiment. Volatility remains high.