🚨 PEPE IS STRUGGLING TO REGAIN GROUND!
After strong selling pressure, PEPE underwent a correction that pushed the price away from its previous levels. Now, despite showing a rebound and recovering some of its losses, the cryptocurrency is still struggling to resume an upward trajectory and reach new highs.
On the 15-minute chart, we can see a recovery from the low of 0.00000429 USDT, reaching 0.00000456 USDT. However, the 0.00000458–0.00000460 zone warrants attention as a possible immediate resistance level.
The elevated RSI also suggests caution in the short term.
The big question is: will #PEPE manage to turn this recovery into a new rally, or will we see another wave of selling pressure? 🐸
After strong selling pressure, PEPE underwent a correction that pushed the price away from its previous levels. Now, despite showing a rebound and recovering some of its losses, the cryptocurrency is still struggling to resume an upward trajectory and reach new highs.
On the 15-minute chart, we can see a recovery from the low of 0.00000429 USDT, reaching 0.00000456 USDT. However, the 0.00000458–0.00000460 zone warrants attention as a possible immediate resistance level.
The elevated RSI also suggests caution in the short term.
The big question is: will #PEPE manage to turn this recovery into a new rally, or will we see another wave of selling pressure? 🐸
