Is PEPE Price Ready to Skyrocket? Key Support Holds for Major Move!

Crypto analyst Mammon revealed on X (formerly Twitter) PEPE’s price robust performance after reclaiming critical support levels. Following this support

Crypto analyst Mammon on X (formerly Twitter) highlighted PEPE’s strong price performance after reclaiming critical support levels.

Following this support reclamation, PEPE experienced an impulsive upward move, sparking speculation that it may be preparing for further gains.

This relative strength comes amid renewed interest in Ethereum-based assets, as the ETH/BTC pair has recently shown signs of bullish momentum, bringing attention to well-known meme coins like PEPE.

Mammon’s tweet indicates that PEPE may continue moving upward, provided it holds its reclaimed support levels.

This surge in buying interest and favorable positioning within the local trading range has led to optimism among traders that PEPE could break past key resistance zones if the current trend persists.

Relative strength comes amid renewed interest in ETH-based assets, as the ETH/BTC pair shows signs of bullish momentum, bringing attention to well-known meme coins like PEPE.

Highlighted points:

Chart analysis shows strong support for PEPE, boding well for potential further gains.

Multiple resistance lines indicate potential hurdles for PEPE's upward price movement.

The token's volume profile reveals concentrated trading activity around specific price levels, corresponding to support and resistance zones.

An impulsive upward move is observed after reclaiming the range lows, indicating robust buying interest and possible bullish momentum.

Among traders, there is optimism that PEPE will break past key resistance zones if the current trend continues.

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