### $PEPE Updates ###
PEPE Technical Analysis
Recent Low: 0.0000115
Recent High: 0.0000125
Current Price: 0.0000125 (near recent high)
PEPE is currently trading near its recent high of 0.0000125, indicating a strong bullish momentum.
Trend:
- The short-term trend is strongly bullish, with a 8.7% increase from the recent low.
- The coin is experiencing a surge in buying pressure, driving the price higher.
Support Levels:
- 0.0000115 (recent low)
- 0.0000110 (potential support)
Resistance Levels:
- 0.0000130 (immediate resistance)
- 0.0000135 (stronger resistance)
Indicators:
- RSI (14): 84.15 (overbought)
- MACD (12, 26): strongly bullish crossover
Analysis:
- PEPE has broken above the recent high and is likely to test the immediate resistance level of 0.0000130.
- If the coin sustains above 0.0000130, it may target 0.0000135 or higher.
- However, due to the overbought RSI, a short-term pullback to the support levels cannot be ruled out.
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