$PEPE is approaching a critical resistance area after recovering from its recent lows.
Price is currently trading around $0.00000505, but sellers are beginning to show interest near the $0.00000510–$0.00000518 supply zone.
I’m watching for a possible rejection from this region, which could send price back toward $0.00000480.
A clean breakout and hold above $0.00000518 would weaken the bearish setup, but until then, downside remains a possibility.
Price is currently trading around $0.00000505, but sellers are beginning to show interest near the $0.00000510–$0.00000518 supply zone.
I’m watching for a possible rejection from this region, which could send price back toward $0.00000480.
A clean breakout and hold above $0.00000518 would weaken the bearish setup, but until then, downside remains a possibility.
