GainMuse

$PEPE TESTING MAJOR SUPPORT FOR A POSSIBLE REBOUND

$PEPE has sharply dropped toward the confluence of the horizontal support and ascending trendline zone. After breaking down from the recent structure, the market is now sitting just above the 0.00000950 support area. Holding this zone could trigger a rebound back toward the 0.00001100 target region. A failure to defend support, however, risks extending losses toward deeper levels within the broader downtrend channel.

OVERALL TREND DIRECTION: bearish-to-neutral

TARGET WATCH: 0.00001100

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#PEPE #PEPEUSDT #PEPE price analysis#