PEPE Faces Bearish Pressure Amid Resistance Struggle
- PEPE struggles to break the $0.00001152 resistance level.
- The price remains below the 4-hour Simple Moving Average (SMA).
- The Relative Strength Index (RSI) is below the 50% threshold.
- $0.00000766 is a key support level; $0.00000589 is a deeper defense point.
PEPE’s price faces bearish pressure as it fails to surpass $0.00001152, with market indicators like SMA and RSI pointing toward continued downside risk. Key support levels are at $0.00000766 and $0.00000589.
Source (2.6)https://www.newsbtc.com/analysis/pepe/pepe-face-strong-resistance/?rand=52377