$PEPE /USDT: Will the Rally Continue or Is a Pullback Coming?**

The PEPE/USDT pair has shown strong momentum recently, with a **4.34% increase** in the last 24 hours, trading at **0.00000817**. The price is currently hovering near the **24h high of 0.00000821**, indicating bullish sentiment. However, key indicators suggest mixed signals:

- **Bollinger Bands**: The price is approaching the **upper band (0.00000825)**, which could act as resistance. A breakout above this level may signal further upside, while rejection could lead to a pullback toward the middle band (0.00000807).

- **Volume**: High trading volume (18.10T PEPE / 143.52M USDT) supports the current trend, but overbought conditions on shorter timeframes may cause a short-term correction.

- **STOCHRSI**: The elevated MA values suggest strong momentum, but traders should watch for potential divergence or reversal signals.

**Short-Term Outlook**:

- **Bullish Scenario**: If PEPE breaks above **0.00000825**, the next target could be **0.00000850**.

- **Bearish Scenario**: Failure to hold above **0.00000807** may lead to a dip toward **0.00000790** (lower Bollinger Band) or even **0.00000761** (24h low).

**Long-Term Trend**:

- PEPE is up **5.83% today** and **41.84% over 1 year**, but the **90-day performance (-49.78%)** highlights volatility.

**Action Plan**:

- **Buyers**: Wait for confirmation above 0.00000825 or a pullback to support levels for better entries.

- **Sellers**: Watch for rejection at the upper Bollinger Band or weakening volume to capitalize on a potential dip.

Stay alert—PEPE’s meme-driven nature can lead to sharp moves in either direction!

**What’s your take?** Bullish continuation or overdue correction? Drop your thoughts below! 🚀🔻

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