Will PEPE Break Above $0.00001065 or Slide Back? – Crypto News – Crypto News
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Down By 20% YTD, Is There A Way Back Up For PEPE Price? Down By 20% YTD, Is There A Way Back Up For PEPE Price?

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Will PEPE Break Above $0.00001065 or Slide Back? – Crypto News

Published

9 months ago

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    Summary:

  • Will PEPE break above $0.00001065 or lose steam? Key support, resistance, and chart signals traders need to watch this week.

Pepe (PEPEUSD) is teetering just below resistance at $0.00001065 after a decent run in April. But momentum is fading, and the meme coin crowd isn’t piling in the way it did last year.

Trading volumes have cooled. Price has stalled. And unless bulls regain control soon, PEPE could slide back toward its old support levels.

PEPEUSD Levels to Watch: $0.00001065 or Bust?

The $0.00001065 zone has become a lid. Pepe tapped it earlier in the week but couldn’t break through. A clean move above it would open the path to $0.00001139 and $0.00001336, both levels that previously acted as major reaction zones.

On the downside, $0.00000901 is the level keeping bulls in the game. A drop below it exposes $0.00000891. From there, PEPE risks slipping toward $0.00000562. A price it hasn’t tested in over a month.

Technical Indicators: Momentum Weakening Fast

The RSI has pulled back from recent highs, now hovering near 64. That’s still bullish, but the slope is turning down. MACD is flatlining too, signalling fading interest and weaker buying pressure.

Traders aren’t bailing yet, but no one’s chasing either.

PEPE Outlook: Time to Buy or Time to Wait?

Right now, PEPE sits in no-man’s land. It needs a strong breakout above $0.00001065 to wake up the bulls again. Without that, this looks like a tired rally running on fumes.

If meme coin sentiment turns risk-off, PEPE could tumble quickly. But if Bitcoin holds steady and risk appetite improves, a breakout isn’t off the table.

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