PEPE price has reached a key daily supply zone and has started to slow down, indicating a potential upcoming strong move.
On the H1 chart, there are liquidity pools both above and below the current price with noticeable volume increase, suggesting significant market activity.
Two scenarios are still possible: a bullish case where price respects the trendline and moves up to the next supply zone, or a bearish case where it rolls over to hunt liquidity below.
The market is at a crucial point where acceleration meets resistance, and while the direction is uncertain, indications show that a significant move is on the horizon.