Crypto
PEPE Price Explodes to 3-Month High, Faces Strong Resistance
PEPE has exploded in value over the past four days, climbing more than 70% to reach its highest price since May. The meme coin reached $0.0000455 today, a level it last saw during February.
The current area is particularly important because it's close to the February high near $0.000050, which now serves as an important reference point for PEPE's next move.
Despite reaching this zone, PEPE has already pulled back, and the latest 4-hour candle has turned bearish, indicating that buyers struggled to clear resistance on the first attempt.