PEPE ushered in a shock consolidation, and the 0.00000714 support level became the key, and the short-term operation opportunity came!
The short-term moving average (MA7) and the medium-term moving average (MA25) are both above the price, and the price continues to be suppressed by these two moving averages, indicating that the market still has great downward pressure in the short term.
The recent price fluctuated in the range of 0.00000714 to 0.00000725 USDT, showing that the market's long and short forces in this area are relatively balanced.
The trading volume was amplified when the price fluctuated, especially during the price decline, indicating that the market's short force was strong.
If the price can effectively break through the resistance level of 0.00000725 USDT and is accompanied by an increase in trading volume, it may trigger a short-term rebound, and the target can be seen at 0.00000750 to 0.00000760 USDT.
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