PEPE Daily – Testing Key Fib Support

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After getting rejected at the 0.5 Fibonacci level on May 14, PEPE is now retesting it as support.

On the way down, price found support at the 200MA, even after briefly closing below it on the daily chart.

You could argue MLR > SMA, but both are still above the BB center and the 200MA, which maintains the overall bullish structure.

⚠️ Watch for a daily close below the 0.5 Fib—that would weaken the structure and could lead to further downside.

Look closer at smaller time frames.

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Always manage risk and take profits. 📊

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Giao dịch đang hoạt động

Today, price is testing the 200MA after losing the 0.5 Fib level as support.
Let’s see how the daily close behaves in relation to the 200MA—it could be a key signal for the next move.