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The Wall Street Pepe market has just rebounded off a technical support level, and its price action has continued upward. This occurred a few sessions ago, and price activity has since maintained upward momentum. Let’s take a closer look at the price dynamics in this market.
Wall Street Pepe: June 2 Overview
WEPE Value: $0.00001756
Market Capitalization: $3.5M
Circulating Supply: 200B
Total Supply: 200B
CoinMarketCap Ranking: 3427
Key Price Levels
Resistance: $0.00002000, $0.00002500, $0.00003000
Support: $0.00001700, $0.00001500, $0.00001250
Wall Street Pepe Proceeds Higher With Modest Momentum
The WEPE market has moved upward on the token’s 4-hour chart. The bullish rebound occurred two sessions ago, and the market has maintained that trajectory since. As a result, price action is now approaching the middle band of the Bollinger Bands indicator.
Meanwhile, the upper and lower limits of the Bollinger Bands are contracting, which suggests that a significant price movement may be imminent. Additionally, the Smoothed Rate of Change (SROC) indicator has dipped below the equilibrium level but is now shifting sideways, indicating a possible buildup for continued upside movement.
WEPE Maintains Steady Gains
On the 1-hour chart, Wall Street Pepe’s price activity continues to push toward higher levels. The previous session showed a more significant price move, while the ongoing session has sustained the same bullish path. Consequently, price action remains near the upper limit of the Bollinger Bands.
Furthermore, the SROC line is trending upward and has recently crossed above the equilibrium level. This could indicate a strengthening bullish momentum. Therefore, traders may target the $0.00002000 price level. And of course, you still have the liberty to choose your Wall Street Soldier.
PFPs loading. NFT drop coming.
Choose your Wall Street Soldier. 🐸⚔️ pic.twitter.com/gsNsjjrxyu
— Wall Street Pepe (@WEPEToken) June 2, 2025
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