CandleFocus

PEPE Eyes Resistance After Holding $0.00008500 Support Level

The price of PEPE is approaching a crucial support level, indicating bearish momentum. The PEPE community is expanding with 212 new holders recorded. The recent price movement of PEPE has declined and is hovering around the lower Bollinger Bands. Analysts suggest that if PEPE surpasses certain resistance levels, it may see a bounce or even reach higher targets. However, a test of the support level could result in a steep bearish trend. Despite price consolidation, the increase in PEPE holders reflects growing interest in the token and potential stability post-elections. Community confidence remains high, considering the current price levels as an attractive entry point.

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