The coin $PEPE is witnessing a noticeable upward movement in recent hours, with the current price recorded at 0.00001070 USDT, up by +4.59%. This increase is supported by clear positivity in technical indicators, reflecting strong momentum among buyers.
🔹 Technical indicators:
Moving averages (EMA20 – EMA50 – EMA99): The price is trading above all of them, reflecting a strong bullish trend.
Relative Strength Index (RSI): Ranges between 60 – 71, close to overbought areas, indicating bullish strength with the possibility of short-term correction.
Stochastic (Stoch RSI): In the overbought area at 94, which may indicate a temporary slowdown or slight pullback.
MACD: Still in a positive position above the zero level, which is a sign of continued bullish momentum.
🔹 Possible scenarios:
✅ Positive: Continuing trading above 0.00001060 may push the price to test the next resistances at 0.00001080 then 0.00001100.
⚠️ Negative: Breaking the level of 0.00001050 may bring the price back to support at 0.00001030 – 0.00001020.
📌 Summary:
The general trend of the PEPE coin is still bullish, supported by moving averages and positive momentum, but indicators show that overbought conditions are approaching, making caution necessary with the possibility of short corrections before any new rise.
🚨 Don't miss any opportunity in the crypto world!
Follow me 🔔 to receive the latest news, analyses, and profit opportunities from Binance and cryptocurrency platforms in real-time 💹🔥
Always stay a step ahead 💡
#MarketPullback #StrategyBTCPurchase #REVABinanceTGE #AltcoinSeasonLoading #CryptoIntegration