🚨 Is $PEPE Stuck? Here’s the Latest Technical Analysis 🚨
Recent performance shows a cooling trend:
📉 RSI: Currently at 48, down from 58 last week, indicating a neutral zone where bulls and bears are in a standoff.
📊 SMA & EMA: Converging with minor fluctuations, highlighting ongoing uncertainty.
📉 MACD: Declining histogram suggests potential bearish momentum.
While #PEPE remains a strong presence in the memecoin market, this momentary pause signals caution for short-term traders. As always, analyzing the larger market trends alongside these indicators is key! 📈