$PEPE

Technical Analysis – Notable performance in the recent period

In the last ten days, the currency has recorded significant growth, rising from a level of 0.00000525 to 0.00000845, marking an increase of over 60%. This strong upward movement indicates a moment of increasing interest from the market, with rising volumes and favorable technical signals.

Support and resistances:

The breakout of the level of 0.00000650, which previously acted as static resistance, has triggered a phase of acceleration. Currently, the zone of 0.00000780 – 0.00000800 could act as the first technical support in the event of a retracement, while the area of 0.00000870 – 0.00000900 represents the next resistance to monitor.

Technical indicators:

RSI (Relative Strength Index) is approaching the overbought zone, indicating strength but also a possible phase of short-term consolidation.

MACD shows a clear bullish crossover with positive divergence, a signal of further bullish potential.

Short-term moving averages (e.g., EMA 10 and EMA 20) are supporting the trend, with a positive slope and a good distance between them.

Conclusions:

The trend is clearly bullish, but after such a marked movement, a breathing phase or technical pullback cannot be ruled out. However, as long as the price remains above key supports, the structure remains constructive. More cautious investors may wait for a retracement to re-enter, while those who already have open positions might consider a partial take profit at the next resistances.