Pepe Coin (PEPE) News and Short-Term Target – March 2, 2025

Pepe Coin (PEPE) has been showing strong market activity, with traders closely watching its price action. As of March 2, 2025, PEPE is trading at $0.00057611, experiencing a slight uptick in momentum amid increased investor interest in meme coins.

Market Performance & Key Indicators

Current Price: $0.00057611

24-Hour Price Change: +3.5%

Support Levels: $0.00055000, $0.00050000

Resistance Levels: $0.00060000, $0.00065000

Relative Strength Index (RSI): 55 (Neutral, slight bullish bias)

Trading Volume: Increased, signaling rising market participation

Factors Driving PEPE’s Price Movement

Increased Meme Coin Hype – PEPE is gaining traction alongside other meme-based cryptocurrencies, benefiting from broader market sentiment.

Retail Investor Demand – Growing interest in low-cap altcoins is pushing PEPE’s price higher.

Whale Accumulation – Recent on-chain data suggests large holders are accumulating PEPE, which could fuel a short-term rally.

Technical Breakout Potential – If PEPE crosses the $0.00060000 resistance, it could trigger a move toward $0.00065000.

Short-Term Price Target

Bullish Scenario: If momentum continues, PEPE could test $0.00060000 in the coming days, with a potential extension toward $0.00065000.

Bearish Scenario: A rejection at resistance could lead to a pullback toward $0.00055000 or even $0.00050000.

Final Thoughts

Pepe Coin remains a high-risk, high-reward asset, with strong speculative interest driving short-term price movements. Investors should watch trading volume, whale activity, and Bitcoin’s market direction before making moves.

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