🚨 Here is today's technical analysis on the latest developments of the Pepe (PEPE) coin
Current Technical Behavior
*Price and Daily Performance
The price of PEPE currently stands at around **0.000011 USD**, recording a decline of about **-8% over 24 hours**, while showing gains of **+7% over the week** ([Binance][1], [CoinGecko][2]).
Breakout Movement and Short-Term Dynamics
The coin experienced a strong upward wave of nearly **+10%**, breaking through the resistance at **0.00001183 USDT**, and reaching a peak price during the short period of **0.00001238 USDT**. However, the appearance of a "rejection wick" suggests potential profit-taking in the short term ([Binance][3]).
Future Technical Signals
As long as the price remains above the support level at **0.00001183 USDT**, it may move towards the next resistance areas at **0.00001250–0.00001280 USDT**. If this support is broken, we may witness a deeper decline ([Binance][3]).
Market Predictions for Upcoming Periods
In the event of a high-volume breakout supported by strong trading volume, the price is expected to reach ranges between **0.000035 and 0.000040 USD** in the coming months ([Binance][4]). However, these predictions come within the observation that the coin is high-risk, and it is advised not to invest amounts that cannot be afforded to lose ([Binance][4]).
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