#DayTradingStrategy
🐸 The PEPE token is bouncing back strongly today! Is the momentum returning for meme coins?
🔥 Quick Overview:
Pepe ($PEPE) surprises the market today with a strong rebound exceeding +10% in 24 hours, returning to the list of the most traded coins on Binance.
So what are the reasons for this rise? Can it continue? Here’s the complete analysis 👇
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💹 Current price of PEPE:
Price: 0.00000...
Percentage in 24 hours: +10.2%
Market cap: Approaching $1.1 billion
(Updated according to the market)
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📊 Technical Analysis:
Overall trend: Bullish in the short term
Support levels: 0.000000082 – Strong and stable
Resistance levels: 0.000000099 – If breached, we may see a rapid jump
📈 RSI and MACD indicators show the beginning of a new upward wave, provided the price remains above the current support.
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🔍 Reasons behind today’s rise:
✅ 1. Return of enthusiasm for meme coins:
With the positive movements of DOGE and SHIB, investors are turning back to highly popular meme tokens.
✅ 2. Increased activity on social media:
The return of discussions about PEPE on Twitter and Reddit after its inclusion in some promotional lists has driven more momentum.
✅ 3. Sudden liquidity:
The entry of large wallets (whales) has rapidly driven up the price, encouraging the participation of individual speculators.
