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PEPE Trading in a Tight Range

Written By: ChartChamp

November 27, 2024

PEPE has been trading in this light blue channel, and is currently below resistance at $0.0000227. There is also support around $0.0000172, and PEPE is trading in a tight range between these two price levels for now. I think PEPE could present a buy opportunity with a selloff back down towards the lower end of the channel, and I would look for buys around $0.000012 or lower. For now there could be some short term upside headed into Thanksgiving Day followed by a selloff. I would monitor $0.0000227 for resistance and $0.0000172 to see if the support level holds.

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