$PEPE testing the same price zone that capped gains three times in the past 10 days

On Sep 28, the price fell to $0.00000421, touching a support zone that had held several times before. It then gradually rebounded over successive sessions, recovering nearly all of the decline.

The price is now retesting $0.00000449 — a zone that has capped gains three times on the 4-hour chart. 24-hour volume has risen to $30.7 million, well above that of the previous few sessions.

The 4-hour and 1-hour charts are above the EMA20/50. The weekly and monthly charts remain below the long-term average zone, so this rebound is just a reaction within an old range, not a new trend.

Just my personal observation, not investment advice

#PEPE #Meme #Altcoin #CryptoTrading

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