Currently, $PEPE is trading around $0.000009. Recent price action indicates short-term bullish momentum, with some analysts pointing to a potential "cup and handle" formation suggesting a possible target around $0.00001400 if it breaks past resistance in the $0.00001000 - $0.00001050 range.
However, technical analysis on various platforms presents a mixed outlook. Some indicators suggest a buy stance in the short term. Moving averages also show varied signals depending on the timeframe.
Key points to consider:
Short-term Bullish Potential: The "cup and handle" pattern and recent upward movement suggest a possibility of further gains if resistance levels are broken.
Mixed Technical Signals: Overall technical analysis is not strongly bullish, with a blend of buy signals across different indicators and timeframes.
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