BOSS Wallet data source, Pepe today's market news, PEPE latest price: $0.000021383, up 50.58% in 24 hours, transaction volume $21.126 billion
The candlestick chart shows that it is now in a volatile trend. Compared with 07:00, it fell sharply, broke through the low point at 08:00, and fell slightly compared with 01:00. The price fell but the trading volume rose, which usually means that the market selling pressure increased and the sellers were actively selling.
This may be due to the market's pessimistic expectations for future prices or panic selling caused by negative news. Prices may continue to fall in the future due to high selling pressure and pessimistic market sentiment. Investors should be wary of whether prices will fall below key support levels. If support levels are lost, it may trigger a larger decline.
In the oscillating trend, the trading volume increases and the price falls. According to the Williams indicator, there is no overbought or oversold at present. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price falls and the trading volume rises: the selling pressure increases.

The market is volatile, and although selling pressure has increased, prices have risen. Investors are advised to continue to wait and see and pay attention to subsequent trends.
The above content is for reference only and does not constitute investment advice.