$PEPE #
🧠 1. Technical Analysis – Potential Turnaround in Sight
According to Binance (Square), PEPE shows a compression formation between EMAs that often precedes sharp movements in the short term:
RSI(6) ≈ 40: Neutral, near oversold territory.
MACD: Bearish but flattening → possible reversal.
Key EMAs:
EMA(7) ≈ 0.00001144 (resistance)
EMA(25) ≈ 0.00001189 (strong resistance)
EMA(99) ≈ 0.00001102 (strong support)
Volume: Down -79% compared to the 5-day average; this indicates low activity before a possible squeeze.
2. Pattern "Descending Channel" – Imminent Explosion?
A descending channel on the 4-hour chart suggests consolidation since late May:
If it breaks above, it could rise by up to +85%, reaching around $0.00002051.
As long as it does not achieve that break, the channel remains valid and the risk of stagnation or correction persists.
3. General Momentum and Mixed Signals
LunarCrush's AltRank shows PEPE's leadership on social media and community sentiment.
Large whale deposit: A wallet moved 595 billion PEPE (~6.5 MM USD), gaining quickly: a signal of possible upcoming selling pressure.
4. Aggregate Indicators (Bitget)
Global Signal: BUY (12 bullish indicators vs. 6 bearish).
Oscillators like MACD and ADX support a positive trend. Still, long-term MAs (EMA100, EMA200) remain resistance.
5. Market Context – Mixed to Favorable
Influencers like AltcoinGordon see bullish setups in the meme-coin sector.
However, there are short-term bearish signals according to on-chain data and holder behavior.
📌 Technical Summary
Indicator State Signal
RSI (short term) ~40 – close to oversold Neutral / possible bullish turn
MACD Flattening from bearish Monitoring for bullish crossover
EMA(7/25/99) Compressed range between EMAs Ready for breakout#