#PEPE‏ Gears Up

Last price: 0.00000816 USDT

Change: +6.16%

24h High: 0.00000850

24h Low: 0.00000761

2. RSI (Relative Strength Index)

••RSI(6): 78.61••

This indicates an overbought condition, as RSI above 70 typically signals a potential correction or slowing of the bullish trend.

3. Candlestick & Price Trend

The candles show a strong uptrend after bottoming out at 0.00000690.

Price successfully broke out from the previous consolidation zone and reached a new resistance at 0.00000850.

The rise has been steady, supported by bullish momentum.

4. Potential Price Movement

••Bullish Scenario••

If the price holds above 0.00000850 and RSI remains strong (without bearish divergence), the next target could be around 0.00000850 – 0.00000900.

••Bearish/Correction Scenario••

Due to the high RSI, a short-term correction is possible to the nearest support levels: 0.00000800 or 0.00000772.

A healthy pullback could offer a better entry opportunity as long as price stays above key support.

••Conclusion••

#PEPE‏ is currently in a strong bullish phase, but the high RSI suggests caution as a short-term pullback may occur. It’s best to wait for either a breakout confirmation or a retracement to support before entering. #BullishOnMe #BinanceSquareFamily #LearntoEarn