🚀 Is the price of PEPE witnessing an upward movement? A technical analysis of the current market indicators

The currency $PEPE has recently seen increased interest from the digital community, sparking a discussion about its upcoming direction.

In this article, I share a simplified analysis of some technical indicators that may help in reading price movements.

✅ Technical Analysis:

Current Resistance: $0.0000112

Nearest Support: $0.0000095

Trading volume has increased by 18% in the last 24 hours

The RSI indicator does not show overbought conditions – which may indicate continued momentum

✅ Influencing Factors:

Large wallets entering the market in recent days

Notable activity on social platforms like X and Reddit

🔚 Conclusion:

If the current momentum continues and resistance is surpassed, we may see a continuation of the upward trend.

📩 What do you think? Is PEPE qualified for a rise? Share your opinion in the comments.

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