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For some time now, price activity in the Wall Street Pepe market has been testing support at the $0.00004500 level over the medium term. As a result, market activity has remained below several key technical landmarks. However, the market now appears to be showing notable activity that could be crucial for price action to develop the momentum needed for an upward breakout, as suggested by technical indicators.
Wall Street Pepe: October 7 Statistics
WEPE Value: $0.00004638
Market Capitalization: $9.20M
Circulating Supply: 200B
Total Supply: 200B
CoinMarketCap Rank: 1241
Key Price Levels
Resistance: $0.00004750, $0.00005000, $0.00005250
Support: $0.00004500, $0.00004250, $0.00004000
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WEPE Holds a Key Technical Level
Although price action in the Wall Street Pepe market remains below the 9-day Exponential Moving Average (EMA) line, buyers continue to make positive efforts. This has kept price action pressing against the 9-day EMA.
The lines of the Stochastic Relative Strength Index (SRSI) are trending upward, even though the ongoing session shows movement from the oversold region. Consequently, upside forces appear likely to continue prevailing in the coming sessions.
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Wall Street Pepe Bulls Are Making the Needed Moves
On the WEPE daily chart, upward forces are showing renewed strength. This has helped price action break above the 9-day EMA, which previously acted as resistance. The latest candle on this chart is a solid green one, indicating a bullish move above the EMA line.
However, the SRSI lines have formed a downward crossover after the leading line tested the 80 mark. Despite this, with price action now above the 9-day EMA, more positive signals may soon emerge from the SRSI, potentially supporting continued upward movement toward the $0.00005000 level. In the meantime things seems flipped around, Wepe spins my world turning me inside out, circling endlessly.
Upside down. Wepe turns me. Inside out. Round and Round. 🐸⚔️ pic.twitter.com/9NQTvmy43P
— Wall Street Pepe (@WEPEToken) October 6, 2025
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