$PEPE #Pepe Price Gets Extremely Overbought: Is a Reversal Coming?

The meme coin $PEPE has been on a wild run, with its price skyrocketing over recent weeks and momentum indicators flashing red-hot. According to RSI and other technical metrics, PEPE is now sitting deep in overbought territory—raising questions about whether a correction is around the corner.

While bullish sentiment remains strong, traders should proceed with caution. Historically, extreme overbought levels often precede sharp pullbacks or at least a period of consolidation. Add to that profit-taking from early investors, and the setup for a potential reversal becomes hard to ignore.

Will $PEPE defy the odds and continue higher, or is this the calm before a retracement storm? Eyes are now on key support levels and volume shifts for clues.

What’s your move—diamond hands or cashing out?

#Crypto #PEPEcoin #Altcoins #Memecoins #CryptoTrading