Pepe Memecoin will Retest a New Low on Binance PEPEUSDT

PEPE has recently experienced a bearish breakout below the support level, marked by the recent lows on the PEPE/USDT pair on Binance. This breakout is expected to continue, resulting in further downside movement and a potential retest of new lows. According to the Fibonacci levels, the 1.618% extension is identified at $0.0000004, which is believed to be a possible target for the price to test.