$PEPE Rockets 50% in a Day — Too Late or Just the Beginning? 🚀🐸
PEPE soared 45% in 24h, breaking out of a month-long range and reclaiming its spot among the top cryptos to watch.
Key Highlights:
Breakout Alert 📈: Cleared $1 resistance after consolidating between $0.50–$1.
Open Interest Up 🔥: Futures hit $531M, highest since January (CoinGlass).
Retail is Back 💸: Liquidity returns as FUD fades — but long/short ratio < 1, shorts are building.
Overbought Signs ⚠️: Daily RSI = 82; a correction might follow.
Big Rally Setup? 🎯: If history repeats, +220% potential to $0.00042 by year-end.
Bottom Line: PEPE looks bullish, but short-term pullback risk is rising. Stay alert.