Things started to get tight for Pepe (PEPE), which could not deliver the expected performance despite the positive course of the market.
PEPE, which wreaked havoc for a period, is currently on the agenda with its indecisiveness. Memecoin, which has not yet exhibited the desired movement despite the upward movement in BTC, continues its search for direction. Will PEPE, which is under intense sales pressure even though it tries to go on the offensive from time to time, will be able to regain momentum? How are things going on the technical analysis side?
Buyers have not yet achieved stable performance!
Volatility, perhaps the most dangerous aspect of Memecoins, maintains its impact on PEPE. The volatility, which disrupted the balance of the parity with hard up and down candles, could not fully raise PEPE. PEPE, which received direct selling pressure after testing resistance levels, is currently trading at $ 0.00000119.
A resumption of the Memecoin craze or a movement of BTC towards $40,000 will push PEPE up. In such a scenario, 0.00000120 – 0.00000128 – 0.00000133 – 0.00000148 – 0.00000164 and 0.00000190 dollars can be targeted respectively. However, if buyers continue to be insufficient, decreases to 0.00000105 – 0.00000103 – 0.00000096 – 0.000000961 and 0.00000086 dollars may be observed, respectively.
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