📈 PEPE/USDT Market Update – June 13, 2025: Signs of a Rebound After Heavy Selloff
Current Price: $0.00001065
24h Change: -13.97%
24h Low: $0.00001044
24h High: $0.00001260
Volume (USDT): 366.04M
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🧠 Market Sentiment
After a sharp downward move, PEPE/USDT has reached a potential bottoming zone, as seen from the price stabilizing around the $0.00001044 support. Despite a 13.97% drop in the last 24 hours, the pair is showing early signs of recovery on the 15-minute chart.
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🔍 Technical Indicators
MACD: Bullish divergence is forming. Although still negative, the MACD histogram is narrowing, hinting at potential upside momentum.
RSI (6): Sitting at 32.38, PEPE is emerging from oversold territory, often a signal that selling pressure is easing.
Volume: A strong 366M USDT volume shows active interest—typically seen near price turning points.
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🔄 Moving Averages
MA(5) and MA(10) are converging, and a bullish crossover may be imminent, reinforcing the probability of a short-term reversal rally.
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⏰ Time to Watch
This could be a crucial accumulation phase. If PEPE can hold above the 0.00001044 level and break through 0.00001090 resistance, a quick rebound to the 0.00001160–0.00001200 zone is possible in the short term.
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⚠️ Caution Note
Market remains highly volatile.
Watch for rejection at moving average resistance.
Use tight stop-losses below $0.00001044 for short-term trades.
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✅ Final Verdict: Potential Buy Signal
With RSI climbing from oversold, MACD improving, and candles showing stabilization, today presents a potentially strong buy signal for short-term traders looking to ride a reversal. Risk-tolerant investors may consider entering small positions and adding on strength.