#PEPE coin analysis $PEPE

if we dig into the technicals, there’s some mixed news. The Relative Strength Index (RSI) is sitting at 32.42,

which means we’re close to that oversold zone. That could be a sign that PEPE might be undervalued and due for a little bounce back. But then we check the MACD, and it’s still flashing a sell signal—so, short-term, the pressure is definitely leaning bearish.

Even the Average Directional Index (ADX) at 23.58 shows that the trend isn’t super strong right now, which explains the lack of momentum in either direction.

Now, the moving averages? They’re not too friendly at the moment. PEPE is sitting below its 10-day, 20-day, and 50-day exponential moving averages, all pointing to more bearish vibes. It even broke a key support level around 8.90, which means it might keep dipping unless it finds some new support soon.