✨️This means #PEPE is trying to recover after falling for some time✨️
Right now, the price is moving inside a pattern called a falling wedge, which usually shows that selling pressure is slowing down and buyers are starting to enter the market.
The price is moving slightly upward, which is a good early sign, but it is still facing resistance from the RSI zone. That means momentum is not fully strong yet, and sellers are still active.
If PEPE manages to stay above its current
support level, the price may slowly move higher in the short term. But the real bullish trend will likely start only if PEPE successfully breaks above the wedge pattern and major resistance levels. If that happens, stronger buying interest and bigger price growth could follow.