Volume spiked 1.84x as $PEPE tested the lower boundary of its daily range.
Trading at $0.00000489 down 2.98% on $44.75M volume, the asset is currently testing the lower boundary of its 0.00000489 to 0.00000511 range.
If buying pressure returns and pushes the price back above the 0.00000511 high, stabilization could follow. However, acceptance below the 0.00000489 low invalidates the short-term recovery setup.
Will reclaiming the range high confirm renewed strength, or does breaking the low signal deeper continuation?
Tap $PEPE for the live chart. #PEPE #BinanceSquare
Trading at $0.00000489 down 2.98% on $44.75M volume, the asset is currently testing the lower boundary of its 0.00000489 to 0.00000511 range.
If buying pressure returns and pushes the price back above the 0.00000511 high, stabilization could follow. However, acceptance below the 0.00000489 low invalidates the short-term recovery setup.
Will reclaiming the range high confirm renewed strength, or does breaking the low signal deeper continuation?
Tap $PEPE for the live chart. #PEPE #BinanceSquare