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Price action in the Wall Street Pepe market has successfully broken through the psychological price level at $0.0001000. Despite this breakthrough, trading activity has managed to stay above this price region, maintaining a bearish bias.
Wall Street Pepe: July 29 Overview
WEPE Value: $0.0001042
Market Capitalization: $19.17M
Circulating Supply: 154.11B
Total Supply: 200B
CoinMarketCap Ranking: 883
Key Price Levels
Resistance: $0.0001200, $0.0001400, $0.0001600
Support: $0.0001000, $0.00008000, $0.00006000
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Wall Street Pepe Bulls Are Fighting Off Bears
As previously noted, price action in the WEPE market has remained above the $0.0001000 support level. On the 4-hour chart, the most recent price candle tested the resistance at the middle band of the Bollinger Bands (BB) indicator. However, downward pressure soon dragged the price back below the midline.
Despite this, the bulls managed to maintain their footing. As a result, the last price candle closed in green, suggesting the market could push higher. Additionally, the Smoothed Rate of Change (SROC) indicator has dipped below the equilibrium level but is moving sideways, signaling potential stabilization.
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WEPE Keeps a Good Base
On the Wall Street Pepe 1-hour chart, price action is seen just above a critical technical level. Although the latest candle is red, it remains positioned slightly above the equilibrium line, suggesting that price forces may have encountered a solid support zone.
Meanwhile, the lower band of the BB indicator appears to be converging, while both the upper and lower limits trend sideways. Although the SROC line has dropped below the equilibrium level, traders can still anticipate a possible rebound off the BB midline, targeting the $0.0001200 resistance level. And here I am at my desk, debating which announcement deserves the next spotlight.
Me in the office trying to work out which announcement to shout out next. 🐸⚔️ pic.twitter.com/gR9NOtDQWz
— Wall Street Pepe (@WEPEToken) July 29, 2025
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