However, with these extreme profit levels, the likelihood of profit-taking becomes great, so the main obstacle to the rebound from now on will be the sell-off to achieve profits.
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Looking at the charts, it's clear that PEPE is facing little resistance right now, so exploring higher levels shouldn't cause the coin to encounter resistance from investors seeking to exit at the breakeven point.
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The strength of these resistance and support levels naturally depends on the number of buying addresses. Large circles are packed with investors, so their retest is likely to cause a major reaction.
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