PEPE Support Faces a Critical Technical Test

PEPE is testing multi-month ascending support, with a decisive breakdown potentially exposing the token to additional selling pressure. The 4-hour Stochastic RSI is in oversold territory and the weekly indicator is in oversold territory with high momentum from the recent recovery. Descending resistance continues to constrain PEPE, leaving confirmation of a sustained bullish reversal dependent on price action around support. Multi-mont…