💡 Quick Technical Analysis:
✅ Strong consolidation after the drop! The price bounced from the bottom at 0.00001044 and is moving in a positive sideways path near 0.00001119, showing resistance to sellers and readiness for a potential rise.
✅ RSI at 60.27 – bullish momentum is building, and it is still far from the overbought zone (above 70), which opens the door for further increases!
✅ MACD shows a positive crossover! The difference between DIF and DEA has started to widen, which is one of the early signals of a bullish wave.
✅ Trading volume is steady but consolidated! Over 12 trillion PEPE have been traded in the last 24 hours, reflecting ongoing market interest.
✅ The stochastic (K at 50 / D at 53) is very close to a potential bullish crossover, which could ignite a surprising green candle!
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🚀 Expected Scenario:
📌 If PEPE can break the resistance at 0.00001133, we may witness a quick surge towards 0.00001217 - 0.00001263.
📉 In case of a pullback, support at 0.00001069 - 0.00001044 may provide solid ground before a rebound.
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🔥 Is PEPE on the verge of a price frenzy?!
With this technical consolidation and positive momentum on the indicators, it seems that PEPE is preparing for its next move… 🚀