💡 Quick technical analysis:
✅ Notable rebound! After dropping to a 24-hour low of $0.00000846, PEPE has quickly recovered to $0.00000883, reflecting clear buying liquidity entering at this level.
✅ RSI is approaching reversal areas! The Relative Strength Index (RSI 6) is at 34.79, which is close to the oversold area – potentially paving the way for an upward rebound.
✅ MACD indicates weakening negative momentum! The lines are still negative but the gap has begun to narrow, which may signal an approaching bullish crossover supporting a new breakout!
✅ Active trading volumes! The volume indicates strong liquidity entering at support areas, enhancing the likelihood of continued upward movement.
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🚀 Expected scenario:
If PEPE manages to break the short-term resistance at $0.00000895 - $0.00000900, we might see it heading towards levels of $0.00000926 and then $0.00000975 in the short term.
In case of a pullback, the area around $0.00000846 represents strong support that can be bounced off again.
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🔥 Is PEPE preparing for a price explosion?!
With increasing momentum and noticeable liquidity entering, this could be the beginning of a new bullish move… Are you ready to ride the PEPE wave? 🐸🚀
📢 Share your predictions: Do you see $PEPE heading to new levels this week? 👇📊