# PEPECoin

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🐸 Pepe remains bearish – What’s next as its support zone still looks weak?
The memecoin sector has, surprisingly, been one of the better-performing sectors over the past week. According to Glassnode data, the collective memecoin market cap has neither grown nor reduced over the past month.
By comparison, Bitcoin [BTC] was down 4.2%, and the crypto AI sector was down 7.2%.
That is not to say that popular memecoins like Pepe [PEPE] are rallying. Only Memecore [M] had a positive return among the larger-cap memecoins.
PEPE and Dogecoin [DOGE] were down 3.2% and 1.7%, respectively.
🔸 Should inves
PEPE6,23%
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🐸 $PEPE The price has reached a key support level as bearish momentum increases
PEPE is trading around $0.00000340 after declining from its previous high at $0.00000365. The market temporarily rallied before losing momentum. Then, the price formed a series of lower highs. This pattern indicates increasing selling pressure. The recent movement shows a sharp decline below the support level at $0.00000345. Sellers appear to be in control in the short term. If weakness persists, PEPE may test lower levels soon.
🔸 PEPE consolidates tighter with increasing breakout pressure
According to analyst Pe
PEPE6,23%
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