$PEPE reveals a persistent and aggressive bearish correction over recent trading sessions, locking in a substantial decline of -8.13% over the past 24 hours with the price currently trading at 0.00000294. After accelerating downward from a 24-hour high of 0.00000325, the short-term market structure has remained under firm seller control, carving a steady path of lower highs and lower lows.
The asset recently flushed down near its 24-hour low of 0.00000285, where an initial aggressive liquidation wick was bought up, before sellers pushed the price back down to form a secondary localized retest. Currently, the market is attempting to halt its descent and establish a solid double-bottom accumulation base right above that key demand zone. If buyers can hold this ground firmly, it will build the necessary momentum to flip short-term market structure and kickstart a strong relief rally back toward upper resistance targets.
Target 1: 0.00000310
Target 2: 0.00000325
Target 3: 0.00000335
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