🔄 $PEPE — cooling phase after the impulse
$PEPE is in the corrective phase after a sharp pump. The price is gradually decreasing and trading near the lower Bollinger band, indicating weakening sellers and a possible preparation for a technical bounce.
📉 The current decline is occurring without explosive volumes, resembling more of a profit-taking than a full-blown sell-off.
📈 Scenarios:
• Bullish: holding the zone 0.0000045 + increasing volumes → bounce towards 0.0000056
• Bearish: breaking 0.0000043 → testing the lower base 0.0000038
⚠️ $PEPE looks oversold in the short term, but for now, it is an expected zone. The best tactic is to wait for buyer reaction and volume confirmation.
#TechnicalAnalysis #altcoins #CryptoTrading
PEPE
0.0₅478
-2.64%