💡 Quick technical analysis:
✅ Strong rebound! After dropping to the level of 0.00001258, PEPE saw a noticeable rebound to 0.00001541, reflecting increasing buying interest from speculators.
✅ RSI is in the positive zone! The Relative Strength Index (RSI) is at 64.81, still below the overbought zone (70), allowing for additional upward movement.
✅ MACD momentum is improving! The indicator shows a positive crossover between the DIF and DEA lines, suggesting a potential continuation of the upward wave in the short term.
✅ Huge trading volume! The trading volume in the last 24 hours exceeded 39 trillion PEPE, confirming significant market activity that may push the price towards new areas.
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🚀 Expected scenario:
If PEPE can firmly break the resistance at 0.00001431, we might see a new attempt to test the previous peak at 0.00001541, and possibly even 0.00001556.
In the event of a retreat, levels of 0.00001306 and then 0.00001274 may form good support for a rebound.
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🔥 Is PEPE ready to explode?!
As interest in meme coins continues and trading volume rises, PEPE might be on the verge of a sudden upward movement! However, don't forget that the volatility of this type of currency is high – risk management is essential!
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Tips for investors:
1. Don't enter with all your capital – divide it into different entry levels.
2. Monitor RSI and MACD indicators to confirm momentum.
3. Set a clear stop-loss point below strong support.
4. Follow market news and meme coins as they greatly influence price movements.
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📢 Share your opinion! Do you expect PEPE to rise to higher levels this week? 🚀👇