Weekly rebound ~+9–11%: Binance and TradingView report increases between +9.3% to +10.9% over the last 7 days, showing short-term bullish momentum
High daily volatility: Daily trading volume surged significantly (around +311% according to CoinGecko), indicating increased market participation
Technical Analysis
1. RSI approaching overbought (~≈70–74), a signal that prices may experience correction in the short term
2. Positive MACD approaching golden cross, which usually marks the beginning of continued bullish movement.
3. Support & resistance: Strong support is in the range of $0.0000122, resistance is at the next two levels: $0.0000132 and $0.0000152.
News & Market Sentiment
1. Actions by whales & institutional buildings: Some whales are buying on leverage, indicating optimism for a +20–40% increase
2. Bitcoin catalysts: Bitcoin rally tends to attract flows into meme-coins like PEPE, also triggering this week's rally
3. Fear & Greed sentiment ~71 (Greed): This indicator reflects market euphoria, but also the potential for sudden correction risk
📊 Analysis Chart (Weekly Interpretation)
| Price (US$) |
| 0.0000152 ─────── High resistance
| |
| 0.0000132 ──── Medium resistance
| |
| 0.0000125 ── Current price
| \ ↑👆 +9–11% from last week
| \ ↑ volume & high RSI
| \ |
| 0.0000122 ── Strong support
| |
| 0.0000116 ── Minor support / short-term target
|
+---------------------------------- Time
🔍 Analysis Summary
1. Positive momentum: Intense buying action, high volume, RSI and MACD support short-term bullish sentiment.
2. Correction risk: RSI approaching overbought, F&G high, and several short-term negative indicators.
3. Entry strategy opportunities: Try to buy at the lower support limit (~$0.0000122–0.0000125) and target resistance at $0.0000132 or higher:
a. Aggressive strategy: position the first target at $0.0000132, the next target at $0.0000152.
b. Conservative strategy: set take-profit at +5–10% from entry point, or trailing stop as price rises