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Meme coins are quietly rebounding? Can PEPE break through the key resistance level?
【Crypto World】After months of silence, PEPE has started to show some movement. This meme coin, after reaching a long-term support level, is currently oscillating within the range of $0.0000051-$0.0000052. From the momentum indicators, the selling pressure is indeed weakening, which is a good sign.
Even more interesting is that the entire meme coin sector has become active. Dogecoin, Shiba Inu, these established meme coins are also rising, indicating that market risk appetite is gradually warming up. But don’t get too excited too early — this rebound is still cautious and cannot be considered a full-scale rally of altcoins.
The key question is, how far can this rebound go? Basically, there are two points: first, whether it can hold the current support level and not fall further; second, whether it can surpass the barrier around $0.0000110-$0.0000115. If both conditions are met, the rebound will be somewhat meaningful. Otherwise, this current increase is just a short-term strategic response with limited sustainability.