$PEPE is currently showing a positive trend with a slight increase in price over the past 24 hours, yet there's a notable drop when looking at the weekly performance, indicating some market volatility. This coin, popular in the meme coin sector, ranks 25th in popularity on Binance based on its market cap which is approximately $3.98 billion. The circulating supply is massive, with over 420 billion coins, matching the total maximum supply aimed for in the market.

TradingView suggests a cautious approach with PEPE, as current trading signals hint at potential sell opportunities due to a bearish pattern formation. This analysis points towards a possible downward trend short-term, but the overall sentiment is mixed, reflecting the typical unpredictability associated with meme coins like PEPE.

For those looking to make moves in the market, it’s wise to keep an eye on these indicators and consider both the current technical analysis and the inherent market volatility of meme coins. As always, ensure to review the latest market trends and analysis before making any trading decisions.

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