#PEPE 📈 Current Situation
Current Price: 1 × 10⁻⁹ USD (that is, 0.000000001 USD), with lateral movement during the day, a minimal variation (~ –0.03 %).
Market Capitalization: Indicates that PEPE is a popular memecoin, ranking in the top 3 of this type after Dogecoin and Shiba Inu.
Technical Analysis and Bullish Signals
Support and accumulation of 'smart money': Analysts warn that PEPE has bounced at key levels (EMA 100, fibo, support at 0.00001107 USD), indicating buyers in strategic areas.
Golden cross and bullish pattern: Moving average crossover (50 MA over 200 MA), formation of a bearish wedge that often precedes upward breakouts.
Record open interest in derivatives: CoinGlass data shows a historical maximum in open contracts (~ 595 M USD), a signal of greater institutional or trader entry.
General technical sentiment: RSI in a positive zone, MACD pointing upwards, with selling pressure that has been contained and could regain momentum.
