Pepe Coin (PEPE) News and Short-Term Target – March 2, 2025
Pepe Coin (PEPE) has been showing strong market activity, with traders closely watching its price action. As of March 2, 2025, PEPE is trading at $0.00057611, experiencing a slight uptick in momentum amid increased investor interest in meme coins.
Market Performance & Key Indicators
Current Price: $0.00057611
24-Hour Price Change: +3.5%
Support Levels: $0.00055000, $0.00050000
Resistance Levels: $0.00060000, $0.00065000
Relative Strength Index (RSI): 55 (Neutral, slight bullish bias)
Trading Volume: Increased, signaling rising market participation
Factors Driving PEPE’s Price Movement
Increased Meme Coin Hype – PEPE is gaining traction alongside other meme-based cryptocurrencies, benefiting from broader market sentiment.
Retail Investor Demand – Growing interest in low-cap altcoins is pushing PEPE’s price higher.
Whale Accumulation – Recent on-chain data suggests large holders are accumulating PEPE, which could fuel a short-term rally.
Technical Breakout Potential – If PEPE crosses the $0.00060000 resistance, it could trigger a move toward $0.00065000.
Short-Term Price Target
Bullish Scenario: If momentum continues, PEPE could test $0.00060000 in the coming days, with a potential extension toward $0.00065000.
Bearish Scenario: A rejection at resistance could lead to a pullback toward $0.00055000 or even $0.00050000.
Final Thoughts
Pepe Coin remains a high-risk, high-reward asset, with strong speculative interest driving short-term price movements. Investors should watch trading volume, whale activity, and Bitcoin’s market direction before making moves.
Would you like an analysis of PEPE’s long-term potential?
#PEPE #PEPENEWS #BinanceAlphaAlert #TrendingTopic #BinanceSquareFamily