After months of downturn, meme coins like PEPE are showing early signs of a rebound. PEPE, after testing its long-term support level, is currently stable around $0.0000051-$0.0000052. Although momentum indicators show a easing of selling pressure, the broader rally in meme coins including Dogecoin and Shiba Inu reflects a cautious recovery in market risk appetite rather than a confirmation of the overall altcoin market trend. This rebound remains somewhat strategic, and its sustainability will depend on whether it can hold key support levels and break through resistance around $0.0000110-$0.0000115.
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After months of downturn, meme coins like PEPE are showing early signs of a rebound. PEPE, after testing its long-term support level, is currently stable around $0.0000051-$0.0000052. Although momentum indicators show a easing of selling pressure, the broader rally in meme coins including Dogecoin and Shiba Inu reflects a cautious recovery in market risk appetite rather than a confirmation of the overall altcoin market trend. This rebound remains somewhat strategic, and its sustainability will depend on whether it can hold key support levels and break through resistance around $0.0000110-$0.0000115.