### **Executive Summary**
- **Current Price:** 0.00000866 USDT (down by 4.10%).
- **Market Cap:** $3.65 billion.
- **Daily Volume:** $585.19 million.
- **Supplies:** 420.69 trillion PEPE (fully exhausted).
- **Ranking:** 29th in market cap.
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### **Technical Analysis**
1. **Short-term Trend:**
- Price declined by 4.31% in the last 24 hours, oscillating between 0.00000852 and 0.00000906.
- **Support and Resistance Levels:**
- Immediate support: 0.00000860.
- Immediate resistance: 0.00000869.
2. **Technical Indicators:**
- **RSI (14):** 38.35 (indicating a neutral zone with a selling bias).
- **MACD:** Current reading indicates slight selling pressure.
- **Volume:** Decreased volume compared to the 10-day average (8.14B vs. 50.3B), which may indicate weakness in momentum.
3. **Price Patterns:**
- Lack of clear strong reversal patterns in the short time frame, but breaking 0.00000869 could indicate the start of a recovery.
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### **Fundamental Analysis**
1. **Market Cap and Trading Liquidity:**
- Volume to market cap ratio is high (16.04%), indicating good liquidity and high trading activity.
- The total market cap matches the current market cap, reducing the risk of future inflation.
2. **Risks:**
- The coin belongs to the "meme coin" category, which is usually highly volatile and relies more on market trends and sentiment than fundamentals.
- The all-time high price has significantly declined from historical levels (0.00002824), indicating risks of continued correction.
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### **Forecast**
- **Bullish Scenario:**
- If resistance at 0.00000869 is broken and volume increases, the price may target 0.00000906 again.
- RSI recovery above 50 may enhance buyer confidence.
- **Bearish Scenario:**
- Breaking support at 0.00000860 may push the price towards 0.00000852 or lower.
- Continued weakness in volume may lead to further deterioration.
- **Medium Term (1-3 Months):**
- Due to the coin's correlation with market sentiment, any improvement in the sentiment of the "meme coin" sector (such as Dogecoin or Shiba) may support PEPE.
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### **Recommendations**
- **For Short-term Traders:**
- Monitor the breakout of 0.00000869 for buying, or break of 0.00000860 for selling.
- Use stop-loss orders due to high volatility.
- **For Long-term Investors:**
- Waiting to test lower levels (such as 0.00000800) for better entry, considering the risks of the "meme coin" category.
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### **Summary**
PEPE faces short-term selling pressure, but its high liquidity and ranking within the Top 30 give it a chance for recovery if market conditions improve. Caution is advised, and closely monitor technical indicators and volume.
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**⚠️ Disclaimer:** This is not financial advice. Trading involves risks. Always do your own research.
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