Many say that pepe will go up, but let's see what my analysis says

1. Bearish scenario

If the price breaks below the key support of ~$0.00001230, it could fall to levels of $0.0000118, $0.00001064, or even close to $0.00001000. The RSI (~46) indicates indecision and the EMA indicators suggest selling pressure

2. Bullish scenario

If it maintains support and surpasses the short-term EMA (~21) on 4-hour charts, it could bounce back to $0.0000139 and subsequently face resistance at $0.00001500

In conclusion

PEPE could experience revaluations if it stays around the key support and the crypto market sentiment improves. Conservative scenarios point to moderate gains (+10–15%) by the end of July, while in the case of a bull run or recovery from altseason, optimistic scenarios foresee much larger increases. However, there is also a risk of a drop if support is broken.#PEPE‏