PEPE rebounded, but trend remains uncertain
PEPE has been rising since January 8, when it bounced off a long-term descending resistance line. However, the price was unable to develop a rebound and almost returned to the trend line
After the breakout, PEPE returns to support
The price of the popular meme token PEPE has been declining along a descending resistance line since May 2023 and found its bottom in September.
After peaking on December 9, PEPE began to fall. It returned to the descending resistance line, confirmed it as support on January 8 and rebounded.
Although it has not yet been confirmed, the correction could end on January 8th.
