PEPE Weekly RSI Squeeze Hits 245 Days as Analysts Watch for Breakout Above $0.000000965
$PEPE 🚀🚀🔥
Pepe (PEPE) is currently trading at $0.000058769 and showing a weekly RSI squeeze after 245 days of price consolidation. This structure mirrors the 196-day buildup seen before PEPE’s previous breakout, indicating a similar setup forming again. Traders are closely monitoring the chart for signs of an imminent move.
RSI Compression Aligns with Previous Setup as Accumulation Continues
According to analysis prepared by Bitcoinsensus via X, PEPE has remained inside the Logarithmic Support Box for over 245 days. The pattern resembles the one before its last explosive breakout, which occurred after a 196-day buildup.
The RSI on both daily and weekly timeframes reflects low volatility, while the MACD recently completed a bullish crossover. These indicators are consistent with previous conditions before a trend reversal.