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Although PEPE rose 23%, why is it still possible to fall below $0.0000105

Source: CoinWorld
The short-term outlook for the third largest memecoin PEPE is bearish after a 23.3% rally was blocked at the $0.00001266 resistance level. The downward triangle pattern and bearish momentum indicators indicate potential downside space, with key support at USD 0.00001013 and USD 0.00000946. The clearing heatmap shows that the price tests a lower level near USD 0.00001 are more likely.
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