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PEP Monthly Analysis
Many prominent traders classify PEP as a defensive play in the crypto market. However, reality paints a different picture. Since 2023, this token has struggled to keep pace with the broader bull cycle, missing significant upside moves. The price continues to face technical resistance at the Ichimoku cloud, unable to break through convincingly. Repeated rejection at this key level suggests institutional buyers remain cautious, leaving the asset trapped in a consolidation phase while other altcoins rally.