PEPE Tests Crucial Trendline Ahead of FOMC Meeting

The PEPE token is currently near a critical support level, awaiting the Federal Open Market Committee’s (FOMC) decision. Chart analysts predict a potential rebound after recent dips, driven by expanding DeFi applications and increased institutional interest. 3% lower than its previous session, the token now tests a key trendline as traders anticipate a reaction to the FOMC meeting.