$PEPE
🚨 Technical Indicators Point to Overbought Conditions 🚨
Although PEPE news has remained positive, several momentum indicators are flashing caution. The Relative Strength Index (RSI) touched overbought territory at 71.85 and has since started to retreat. A falling RSI, especially when paired with stable or rising prices, may indicate weakening bullish momentum.
Other technical signals echo a similar sentiment. The Bollinger Bands show price rejection from the upper band, suggesting a potential return to consolidation. Meanwhile, the Awesome Oscillator, though still in positive territory, has shown decreasing histogram bars, and the Cumulative Volume Delta (CVD) is currently negative, indicating more sell-side pressure than buy-side support.