The cryptocurrency $PEPE is attracting attention with a recent spectacular rise, as shown in this chart:
📊 Key observations:
1️⃣ Massive bounce from the 0.00000060 level, peaking at 0.00001957, an impressive gain in a few days.
2️⃣ Current correction: Price is hovering around 0.00001768, indicating a consolidation phase after a strong rise.
3️⃣ High volumes: The market remains active, showing strong investor participation.
📈 Technical indicators:
The 5-day moving average (MA5) remains supportive, signaling a short-term bullish trend.
The MACD is showing a loss of momentum, which could indicate a possible correction or stabilization ahead.
The Williams %R indicator (-38.83) is in the neutral zone, leaving