The 1000PEPEUSDT Perpetual Futures contract is currently trading at $0.0139238, reflecting a strong +14.62% daily gain. The mark price is slightly lower at $0.0139063, suggesting relative price stability despite recent volatility. Over the last 24 hours, the price has fluctuated between a low of $0.0121366 and a high of $0.0142494, indicating a broad trading range. The 24-hour volume stands at 140.38 billion 1000PEPE, equivalent to $1.86 billion USDT, showing robust market participation.
From a technical perspective, the price is currently trading above the short-term MA(7) at $0.0133115 and the mid-term MA(25) at $0.0130830, while approaching the long-term MA(99) at $0.0130925. This crossover and sustained movement above the moving averages highlight growing bullish momentum. The recent bounce from the local low of $0.0119556 and the formation of higher highs point toward a short-term uptrend continuation.
The Relative Strength Index (RSI) (6) reads 69.03, suggesting that the asset is approaching overbought territory, which could lead to short-term pullbacks or consolidation if momentum slows. Volume has increased significantly during the price rally, indicating strong buying interest and market conviction behind the current surge.
Performance-wise, 1000PEPE has shown impressive growth across multiple timeframes:
Today: -1.61% (minor pullback within a broader rally)
7 Days: +3.71%
30 Days: +92.91%
90 Days: +40.47%
180 Days: -31.55%
1 Year: +48.87%
These metrics underscore a strong bullish recovery, particularly over the past month and quarter, despite weakness in the longer 180-day period. The technical setup suggests continued bullish sentiment in the short term, especially if price maintains above key moving averages and RSI remains below extreme levels.