PEPE Faces Uphill Battle as Oversupply Threatens 35% Risk

Sept 4, 2024 Sept 4, 2024

PEPE meme coin drops 56% from its 52-week high, trading at $0.000007546.

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A potential death cross between the 50-day and 200-day EMA warns of increased bearish influence.

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PEPE finds support at $0.0000070, rebounding with a 6.74% gain, but bearish momentum surges.

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Resistance levels are at $0.000008772 and $0.000010, with a potential bullish cycle predicted.

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