PEPE is contemplating another rally as it approaches a critical short-term support level. This level has historically been a pivot for price movement, making its retest significant for potential upward trends.
The cryptocurrency market is keenly observing this development, as support retests often indicate potential buying opportunities. If PEPE holds above this support, it may experience upward momentum, making it an attractive option for investors.
Market dynamics and investor sentiment will play crucial roles in determining whether PEPE can sustain this potential rally and capitalize on the current support level.