PEPE Rebound, Ready to Return to ATH?
After causing panic yesterday by dropping to -17%, this morning the green frog $PEPE is starting to show its fangs again!
PEPE managed to take advantage of Bitcoin's rebound to $70k to crawl back up. This proves that the PEPE community is still very solid and not easily discouraged even though it was drenched in a red market yesterday.
Quick Analysis:
Strong Support: The area that was touched yesterday has proven to be a strong enough defense.
Buying Volume: There is starting to be a spike in buying volume on Binance, indicating that "Whales" may begin to scoop up at last night's discounted price.
Target: If market sentiment remains positive, the closest target is to close the gap from yesterday's decline.
Remember: Meme coins still have high volatility. Don't forget to set a stop loss or continue using the DCA strategy! And don't forget DYOR.
#PEPE #MemeCoin #PepeCoin #TopLucky #BinanceSquare
