📈 Analysis and forecast for $PEPE : is it time to exit? 🚀
As of May 23, 2025, 09:45 EEST, the price of $PEPE on Binance is $0.00001553, with a 12% increase over the last 24 hours. The trading volume for the day is about $2B, and the market capitalization is $6.53B (with a circulating supply of 420.69T PEPE). Sentiment on X is bullish: users note strong momentum and the formation of a 'golden cross', with targets up to $0.000030 by June.
Technically, PEPE is in an uptrend. On the daily chart, the price is above the 50-day moving average ($0.000014), and the RSI (14) at 65 indicates bullish momentum but is close to overbought. Key levels: support at $0.0000145, resistance at $0.000016. A breakout above $0.000016 could push the price to $0.000018, but a drop below $0.0000145 would increase pressure towards $0.000013.
Forecast: in the short term (by the end of May) PEPE may reach $0.000018 if the volume is maintained. By July 2025, a correction to $0.000013 is possible due to overbought conditions. The long-term target for 2026 is $0.000035, provided interest in meme coins continues to grow.
Is it time to exit? After a 12% rise and the current price of $0.00001553, taking profits is justified, especially before the resistance at $0.000016. Set a stop-loss at $0.0000145 for protection. For long-term investors, holding with a target of $0.000018 is possible, but watch the RSI and volumes. $PEPE is volatile, and a correction after such a rise is likely. Proceed with caution! #PEPE #Binance #CryptoAnalysis
