🐸 The PEPE coin jumps over 11% amid strong trading activity!
📊 In the last 24 hours, the PEPE coin has increased by +11.21% to trade at $0.00001224, with a daily trading volume increase of over 27% to reach $964 million, and a market capitalization rise to $5.15 billion.
🔥 Key Updates:
PEPE opened at $0.00001099 before breaking the resistance between $0.00001103 – $0.00001216.
Liquidations worth $2.94 million were recorded in the market during this period.
Positive Technical Indicators:
MACD line above the signal line → Continuous upward momentum.
CMF indicator at 0.28 → Strong capital inflow towards the coin.
RSI at 70.41 → Near the overbought zone, which may indicate a potential correction or consolidation soon.
🎯 Upcoming Levels:
Nearby Resistance: $0.00001230 then $0.00001236.
Immediate Support: $0.00001218, followed by $0.00001212 in case of correction.
💡 Conclusion:
The upward momentum is still present, but overbought indicators may push the market into a short cooling phase before any new surge. 🚀
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