Pepe (PEPE) is showing bullish momentum with a current price around $0.000001347. Technical indicators like RSI (55) and a bullish MACD crossover suggest upward movement. The price is trading near its resistance at $0.00001490, with support at $0.00001229. Bollinger Bands indicate high volatility, and market sentiment is optimistic, with a long-to-short ratio of 2.6:1. Traders are advised to watch for a breakout above resistance for potential gains or a dip below support for possible corrections. Despite the positive trend, caution is necessary due to the speculative nature of meme coins and potential for sharp price swings.