Markets· ★★· bearish·

PEPE Slumps 13% in a Day After Rejection at $0.00000462 Resistance

  • —Friday's Binance volume was the heaviest in a month, but the candle closed with a long upper wick
  • —Key support sits at $0.00000416 (0.382 Fib), with targets at $0.00000380 and $0.00000343 below
  • —A volume-backed close above $0.00000462 opens the way to $0.00000500 and $0.00000536
  • —The 14-day RSI reads 55.04, keeping a modest edge with buyers
Why it matters: PEPE is pinned between $0.00000416 and $0.00000462; a daily close outside that range will set the tone for meme coins.
Source: Crypto News Flash