Pepe

Coin

<ul class="news-points"> 
 <li>PEPE faces bearish headwinds as it struggles to breach the $0.0000006958 barrier, with support at $0.0000006559.</li> 
 <li>Short-term lag in PEPE’s price may give way to a bullish reversal, with potential resistance at $0.0000006550.</li> 
 <li>Stochastic RSI hints at an undervalued PEPE, but MFI suggests lingering selling pressure in the market.</li> 
</ul> 
In the previous 24 hours, the <a href="https://coinedition.com/tag/Pepe-PEPE/">Pepe (PEPE)</a> market has suffered a significant pullback after bulls failed to break through the $0.0000006958 barrier. As a result, bears dragged the PEPE price down to an intra-day low of $0.0000006559 before establishing a modest comeback. However, negative momentum remained dominant at press time, with PEPE trading at $0.0000006666, a 1.76% drop from its 24-hour peak. 
If the bearish trend continues and the $0.0000006559 support level is breached, the next level of support to look for is around $0.0000006450. This level has previously functioned as a solid support zone and may attract bargain-hunting buyers. However, if the selling pressure persists, there is a chance of an additional decline into the next support level at $0.0000006350. 
During the recession, PEPE’s capitalization and 24-hour trading vol…
The post <a rel="nofollow" href="https://coinedition.com/pepes-bearish-pressure-eases-indicators-signal-bullish-recovery/">PEPE’s Bearish Pressure Eases, Indicators Signal Bullish Recovery</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

PEPE’s Bearish Pressure Eases, Indicators Signal Bullish Recovery

Coin Edition

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