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🐸 $PEPE Coin Price Eyes 45% Rebound as Buyers Regain Control on Spot Markets
PEPE Coin price prediction has reached the stage of definite phase as the price stabilized above the recent demand. The market has since moved on a narrowed range following the lack of downside momentum as it approached structural support.
This stabilization comes after a definite change in participation behavior which, in turn, pits price under a distinct resistance band. The structure has now become a directional resolution where structure, as opposed to sentiment, is the key factor to the next move.
🔸 PEPE Coin Price Outlook and Price Action Analysis
The price prediction of PEPE Coin now rests on the possibility of the recovery phase graduating to continuation, with a Cup and Handle breakout in place. At the time of analysis, the PEPE market value sat around $0.00000499, following a recovery from the $0.00000494 support region.
This level was the structural low of a rounded accumulation base, which grew when selling pressure had weakened gradually. Price admired this foundation and started shaping the right side of a cup. The action si indication of the demand taking over the supply and not chasing momentum.
The resulting pullback created a shallow handle, with price maintaining a position above the support and volatility compressing. In this period, RSI leveled off in the mid-40s and reversed higher with price. The context validates momentum improvement without overextension.
The correlation indicates stability as opposed to fatigue hence keeping the price upheld without pushing rejection during the consolidation phase. In case PEPE price recovers above $0.00000547, structure would support further continuation to 0.00000600. The zone is where the preceding supply had served as an upside limit.
Acceptance above that level would allow price to rotate toward $0.00000717, completing a measured 45% rebound. However, a loss of $0.00000494 support would nullify the accumulation structure and undermine the future PEPE price outlook.
#PEPE | #PEPEcoin