PEPE price is facing renewed bearish pressure as it struggles to break above the critical $0.00001152 resistance level. The recent failure to push higher has left the token consolidating, hinting at a possible downward move if buyers fail to regain control. With market sentiment tilting in favor of the bears, traders are bracing for what could be another wave of selling. If bulls cannot generate enough momentum, PEPE may slip further, testing lower support zones in the coming sessions. The battle between buyers and sellers at this level will be crucial in determining the token’s next major move. PEPE Consolidation Near Resistance: A Breakdown Or Rebound? Pepe’s price action remains trapped in a consolidation phase just below a crucial resistance level, indicating market indecision. Its recent failed breakout attempt highlights the strength of sellers in this zone, preventing bullish momentum from taking over. As the price struggles to push higher, the risk of a potential breakdown increases, especially if bearish pressure intensifies. Related Reading: PEPE Recovery Hits A Wall: Can Bulls Smash Through $0.00001313? The price ..
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