🐸 PEPE on Binance: memecoin or volatility engine?
PEPE is hovering around 0.00001316 USDT, with a slight pullback of 0.5% that is not concerning when looking at the broader picture: in the last week, it rose over 7% and in the last month, it has accumulated a solid +27%.
What stands out is its volume: more than 239 million in USDT moved in just 24 hours, a clear indication that PEPE remains a very liquid and popular asset for quick trades.
Technically, it is trapped between a strong support at 0.00001265 and a resistance at 0.00001354. The question is: will it break upwards or fall to test lower levels?
For aggressive traders, PEPE offers fertile ground for short and quick bets, but with the clear warning to manage risk well. For more conservative investors, it is best to wait for confirmation of breaks or falls before entering.
In summary: PEPE is not for everyone, but it remains a key piece on the memecoin board of Binance.
What do you think 🤷 $PEPE