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PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963 Bitcoinist 06 paź 2024

PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963 📉

PEPE's recent attempts to rebound have faced significant resistance at the $0.00000963 level. This failure to break through suggests a weakening bullish trend and possible negative sentiment among traders.

The struggle for bulls to maintain control has been compounded by increasing selling pressure in the market, leading to concerns about further price declines.

The current scenario highlights the risk of a downward trend if bulls cannot reclaim the critical resistance level.

Źródło: bitcoinist.com ↗

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