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The Wall Street Pepe market has been experiencing a relatively smooth upside recovery ever since a headwind caused a notable setback. Similarly, trading indicators continue to align in a way that suggests a possible future price increase. With that in mind, let’s take a closer look at the market.
Wall Street Pepe: May 2025 Overview
WEPE Value: $0.00001732
Market Capitalization: $3.24M
Circulating Supply: 200B
Total Supply: 200B
CoinMarketCap Ranking: 3438
Key Price Levels
Resistance: $0.00002000, $0.00002500, $0.00003000
Support: $0.00001700, $0.00001500, $0.00001000
.00002000 Price Level" width="1436" height="606" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/05/WEPEUSDT_2025-05-29_07-02-04.png"/>
Wall Street Pepe Price Action Pushes Upwards
WEPE has been posting gains since the previous session. As a result, price action has been retracing toward higher levels. However, the price activity remains below the middle Bollinger Bands.
The Smoothed Rate of Change (SROC) indicator is still positioned below the equilibrium level, but the terminal part of the indicator is sloping toward the equilibrium line just above it. Should the SROC line cross above this level, bullish momentum may strengthen, leading to further upside retracement.
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WEPE Bulls Take Hold of a Key Technical Level
On the Wall Street Pepe hourly chart, it is evident that price action has moved above the middle Bollinger Band. The latest price candle is a red one, but it remains close to the upper limit of the Bollinger Bands.
Additionally, this red candle has a very short body, indicating minimal deflection and suggesting that upward momentum remains dominant. Therefore, we may soon see the market breach the $0.00002000 price level. Also, it seems the time is right, to ride the bull market.
“Yo bull market. Ye its wepe. Pump it.”
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