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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Pepe (PEPE) traded with a gradual downward bias as sellers pushed the price lower throughout the session. The token opened near $0.000003465 and declined through several small rebounds. Bears maintained pressure as the price slipped below $0.000003400 during the mid-session move, followed by only a brief recovery. Later, PEPE formed a small bounce after touching the $0.000003350 area.
At the time of reporting, Pepe is trading near $0.00000338, down 1.55% over the past 24 hours.
On the 3-day timeframe, Pepe is trading near $0.00000338 and is positioned close to the lower boundary of a falling wedge. This zone has acted as support, limiting further downside as buyers step in more aggressively. Repeated rebounds indicate accumulation, while selling pressure appears to be weakening as the wedge narrows toward a potential breakout point.
The falling wedge is described as a bullish reversal structure once resistance breaks. A move above the upper trendline would be needed to confirm a momentum shift. If that occurs, the article cites a potential rally toward $0.000016, based on a full-height projection of the wedge. It also notes that confirmation is required before any sustained upward move.
On the 1-day chart, Pepe shows a broader downward structure after falling from around $0.00000600. Selling pressure drove the price lower over multiple sessions, but the decline has recently slowed. The market has shifted into sideways movement near $0.00000337, with smaller candles suggesting reduced volatility and weakening bearish momentum.
Attempts to rebound pushed PEPE close to $0.00000400, but buyers were unable to sustain the move. Sellers returned quickly and kept the price contained. Still, buyers continue defending the $0.00000330 region, which the article frames as evidence of a short-term base forming.
The Relative Strength Index (RSI) is near 46.53, slightly below the neutral level of 50, indicating bearish pressure remains but is gradually weakening. The MACD line is around −0.000000064, while the signal line is near −0.000000081; the two lines are converging as bearish momentum fades. The histogram has turned slightly positive near 0.000000018, which the article interprets as a hint of possible recovery if buying strength increases.
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