Technical Analysis Report: $PEPE /USDT
PEPE is experiencing promising momentum with a current price of $0.00001296, marking an increase of +1.17%, and is nearing the resistance level after recently reaching its highest point at $0.00001366. The asset shows a bullish consolidation pattern, maintaining support above $0.00001249, while aiming to break through the level of $0.00001387. Trading volume is witnessing a massive surge, with over 24 trillion PEPE traded in the last 24 hours, translating to a staggering value of $316.60 million in USDT, indicating that savvy investors and cryptocurrency enthusiasts are fueling this rise.
Traders, get ready - this could be the start of another significant upward wave! The depth chart shows heavy buying around $0.00001238-$0.00001288, suggesting strong accumulation. If the upward movement surpasses the resistance zone between $0.00001387 and $0.00001425, a rise towards $0.00001437 and above becomes very likely. The volatility of PEPE's stock, its trading volume, and technical structure indicate an exciting rise - watch closely and get ready to launch!$PEPE