🔍 Can $PEPE Find Support After the Recent Dip? 🤔
PEPE’s struggling to maintain momentum after facing stiff resistance at $0.00000963. With bulls losing steam and sellers stepping in, the token has dropped below the 100-day SMA, approaching a critical support at $0.00000766. 📉⚠️
Key Takeaways:
🔸 RSI Signal Line: 43% on the 4H chart—selling pressure is rising, indicating a shift in market control.
🔸 Bearish Momentum: Resistance around $0.00000963 has triggered a bearish candlestick pattern. If $0.00000766 breaks, expect a drop towards $0.00000589 or lower.
🔸 Daily RSI: 53%—bullish strength is fading, suggesting potential for further losses.
With selling pressure mounting, all eyes are on whether PEPE can hold at $0.00000766 or if a bigger plunge is ahead! 📊⏳