$PEPE /USDT is currently trading at $0.00000856, down approximately 13.80% in the last 24 hours. This notable decline suggests bearish sentiment, with recent trading activity indicating increased selling pressure. 📉 The recent low of $0.00000840 may act as a critical support level; if it holds, we could see a potential bounce back.

On the 15-minute chart, the price movement shows a series of lower highs and a struggle to maintain upward momentum. 📊 The trading volume is relatively moderate, with $PEPE seeing 41.71M in the last 24 hours. Watching the volume closely will be essential; a rise in buying volume might indicate a reversal, while persistent selling could lead to further declines.

The Relative Strength Index (RSI) is approaching oversold territory, which may suggest a possible short-term recovery. However, traders should wait for clear confirmation through price action before making decisions. 📈 It's crucial to keep an eye on the overall market sentiment and any developments that could affect $PEPE 's price movements.

In summary, navigating this period of volatility will require vigilance and awareness of broader market trends. Keeping track of support and resistance levels will be vital in formulating trading strategies. 🌐

#BinanceLaunchpoolHMSTR #EIGENonBinance #moonbix #BTCReboundsAfterFOMC #Write2Earn