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.
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GateUser-74b10196
· 9h ago
Can't push the price up, are these all defensive positions? I think they're just trapped and stuck, haha.
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OffchainOracle
· 9h ago
PEP this thing really sucks, claiming it's all defensive play is just self-deception... Watching other coins take off while I'm still stuck here.
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DegenDreamer
· 9h ago
PEP, this thing really isn't interesting, still defending assets. I think it's just been abandoned by the institutions.
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Blockwatcher9000
· 9h ago
PEP, this thing really is a market killer. I've been holding for a long time, and meanwhile everyone else took off... institutions don't dare to move, I think there's a problem.
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.