#PEPE $PEPE
📈 Brief analysis of PEPE (based on current data)
Price: ~$0.000000000971 (≈9.71×10⁻¹⁰ USD), with no significant changes over the day.
Technical overview (Investing.com):
Daily overall signal: Strong Sell based on moving averages and indicators (RSI ~41, StochRSI – oversold).
Confirmed by tools on OKX — "Strong Sell" based on averages and indicators.
Bitget reports a daily signal of "Sell": out of 12 indicators – "sell", only 6 – "buy".
Dynamics:
For the week — ≈–16.5%, for the month — ≈–21.5%.
Annual extreme: high in December 2024 (~0.0000283 USD), low in September 2023 (~0.00000056 USD).
Volumes and market activity:
Trading volume — $500–700 million/day.
The market remains volatile and driven by speculation; this is a meme coin without internal utility, based on the popularity of internet memes.
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🧭 What is visible on the charts
1. Long-term trend: a powerful collapse after the December peak — a decline of >65% from ATH. Currently at lower levels.
2. Short-term picture:
Oscillators (RSI ~40, StochRSI oversold) signal a possible slowdown in the decline.
Moving averages have recently returned to "sell" → few bulls.
3. Key levels:
Resistance around $0.00001033–0.0000105 (MA20–MA50).
Support — around $0.0000097 (initial lows after the drop).
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✅ In summary
Short-term: a "bearish" scenario dominates — signal "Strong Sell" across major timeframes.
Possible positive: oversold indicators may trigger a technical bounce, but without market events, sustained growth is unlikely.
What to watch for:
1. A breakout upwards and consolidation above ~$0.0000105 will give a reversal signal.
2. A drop below ~$0.0000095 will strengthen the downward trend.