Swing traders and investors can maintain a bullish bias on PEPE as the price tests the Value Area High again. The memecoin fell 2.50% over the past 24 hours, compared with a 0.94% decline for Dogecoin and a 1.13% gain for Shiba Inu, but it rallied 7.42% over the past week. The daily structure remains bullish, with key levels at $0.0000032 and $0.00000536, while 70% of trading volume has occurred between $0.00000377 and $0.00000491 since September 11. The divergence between the A/D indicator, which reached new lows, and the Awesome Oscillator, which remained above zero, does not invalidate the bullish bias. Buyers should nevertheless prepare for a possible dip toward $0.0000044 or even $0.0000038, particularly if Bitcoin faces intense selling pressure.
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