💡 Quick technical analysis:
✅ Strong price jump! PEPE rebounds strongly from the level of 0.00001143 to a daily high of 0.00001251, indicating strong liquidity influx and increasing buying interest.
✅ RSI is on fire! The Relative Strength Index (RSI) is at 75.33 – showing strong momentum, but is nearing the overbought zone... Are we witnessing an impending breakout?
✅ MACD is in a positive crossover! The difference between DIF and DEA indicates the beginning of new buying momentum – the next green candle may not be far away!
✅ Huge trading volume! 265 million USDT in 24 hours – the market is moving strongly.
$PEPE
📊 Volume analysis and indicators:
Trading volume (Vol): Increased significantly, supporting the validity of the upward movement.
Moving averages MA(5) and MA(10): Positive crossover supports the continuation of the upward trend.
Stochastic KDJ: Indicates potential overbought conditions, suggesting a slight correction may occur before continuing to rise.
🚀 Expected scenario:
If resistance at 0.00001251 is broken again, we may see a surge towards levels of 0.00001300 or higher. In case of a correction, nearby support levels around 0.00001209 and 0.00001185 may be golden buying opportunities.
$PEPE
🔥 Is PEPE ready to explode?!
Increased interest in meme coins, along with strong momentum in the indicators, enhances the likelihood of PEPE rising in the coming hours. The opportunity is approaching, will you seize it?! 🐸🚀