๐ก Quick technical analysis:
โ Significant bounce! After falling to $0.00001212, PEPE has made a positive bounce back towards $0.00001245, indicating renewed buying activity at the bottom.
โ Relative Strength Index (RSI) at 59.51 โ not yet in the overbought zone (above 70), giving more room for an upcoming upward move!
โ MACD indicator is crossing! Although momentum is still weak, the positive crossover between the lines hints at a possible new upside.
โ Trading volume is increasing! Green candles accompanied by increased trading volume indicate the beginning of significant market interest.
$PEPE
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๐ Expected scenario:
If PEPE succeeds in breaking the $0.00001264 resistance, we could see an acceleration towards the $0.00001322 level โ and possibly a retest of the recent high at $0.00001345.
In the event of a decline, the $0.00001212 level will remain crucial support, and breaking it could push the price towards lower levels.
$PEPE
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๐ฅ Is PEPE ready for the next price explosion?! With technical momentum building and bottom buying returning, the opportunity could be just around the cornerโand the market isn't waiting long! Will you be one of the first to ride this bullish wave?
