PEPE dropped over 50% in five days from an uptrend that had lasted two weeks and could be retesting the breakout level.
![Pepe [PEPE] Drops 50% From ATH to Retest Breakout Level Pepe [PEPE] Drops 50% From ATH to Retest Breakout Level](/assets/pc/images/moren/280_160.png)
Pepe [PEPE] dropped from $0.00000927 which it had attained after breaking the descending trendline with the market failing to keep the uptrend through this resistance point.
After retracing to the 0.50 Fibonacci support level at $0.00000698 the price tried to find support.
PEPE dropped over 50% in five days from an uptrend that had lasted two weeks and could be retesting the breakout level.
PEPE’s support looked to access two resistance zones at $0.00000811 and $0.000
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