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$PEPE Drops Below $0.00000700 – Key Support at $0.00000650 in Focus
#PEPE has declined after reaching $0.00000750, now trading at $0.00000684, reflecting a 2.70% drop. The price has broken below the key $0.00000700 support level, signaling increased selling pressure and raising concerns about further downside movement.
Key Levels to Watch
Support: $0.00000650 – A crucial level that must hold to prevent further decline. If this level breaks, the price could fall toward $0.00000620 or lower.
Resistance: $0.00000700 – PEPE needs to reclaim this level to regain bullish momentum and push toward $0.00000720.
Market Outlook
If PEPE holds above $0.00000650, a short-term rebound toward $0.00000700 is possible.
A break below $0.00000650 may accelerate losses, leading to further selling pressure.
Bitcoin and Ethereum movements will likely influence PEPE’s direction, as the broader market sentiment remains weak.
The next few hours will be crucial in determining whether PEPE can recover or if further downside is ahead.
Trade here on $PEPE
{spot}(PEPEUSDT)
#PEPE has declined after reaching $0.00000750, now trading at $0.00000684, reflecting a 2.70% drop. The price has broken below the key $0.00000700 support level, signaling increased selling pressure and raising concerns about further downside movement.
Key Levels to Watch
Support: $0.00000650 – A crucial level that must hold to prevent further decline. If this level breaks, the price could fall toward $0.00000620 or lower.
Resistance: $0.00000700 – PEPE needs to reclaim this level to regain bullish momentum and push toward $0.00000720.
Market Outlook
If PEPE holds above $0.00000650, a short-term rebound toward $0.00000700 is possible.
A break below $0.00000650 may accelerate losses, leading to further selling pressure.
Bitcoin and Ethereum movements will likely influence PEPE’s direction, as the broader market sentiment remains weak.
The next few hours will be crucial in determining whether PEPE can recover or if further downside is ahead.
Trade here on $PEPE
{spot}(PEPEUSDT)
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