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The Wall Street Pepe token has recently rebounded upward, resulting in its price action climbing back above important technical levels on the medium-term chart. So far, price action in this market remains above key levels despite some minor setbacks.
Wall Street Pepe: August 5 Overview
WEPE Value: $0.00008107
Market Capitalization: $16.25M
Circulating Supply: 154.11B
Total Supply: 200B
CoinMarketCap Ranking: 946
Key Price Levels
Resistance: $0.0001000, $0.0001200, $0.0001400
Support: $0.00008000, $0.00007500, $0.00007000
WEPE Bulls Maintain Their Footing
The Wall Street Pepe market is holding its ground above a critical technical level, despite a moderate downward pullback in the ongoing session. With price action still positioned above the middle band of the Bollinger Bands (BB) indicator, it can also be observed that the BB indicator is moving sideways, suggesting consolidation.
Additionally, the Stochastic Relative Strength Index (SRSI) line remains in the overbought region, holding above the 80 level—indicating sustained bullish pressure.
Wall Street Pepe Bullish Outlook Retains Strong Momentum
On the hourly chart, the Wall Street Pepe token shows signs of increasing volatility, as reflected in the most recent price candle. However, this candle has brought the price slightly below the midline of the BB indicator. Despite this, the BB indicator continues to trend upward, reflecting underlying bullish strength.
Meanwhile, the SRSI indicator line has dipped into the oversold region, which could suggest a near-term rebound. Given this, trading activity may soon retest the $0.0001000 resistance level. Also, be aware of the Massive intellect vibes of the Pepe Frog.
Big brain energy. 🐸⚔️ pic.twitter.com/rtijH58SGG
— Wall Street Pepe (@WEPEToken) August 5, 2025
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