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PEPE Price Holds Near Key Support

PEPE Price Holds Near Key Support

Photo: CryptoNewsLand

PEPE is close to support after a few times coming back down, with the three day chart showing down resistance to limit recoveries. The three-day structure shows lower highs beneath resistance, while horizontal support absorbs repeated selling pressure from sellers. The price has been squeezed between an overhead resistance and a defended lower limit, signifying recent volatility. PEPE is stuck between the downward trendline and the horizontal support, with the latest price action witnessing several price reversals as the three-day timeframe continues to shrink in the chart.

Source: CryptoNewsLand

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