BOSS Wallet data source, latest price information for Pepe, PEPE real-time price increased by 3.04% to $0.00001867, trading volume $1.104 billion

According to the analysis of the candlestick chart, it is currently in a consolidation trend. Slightly up compared to 12:00, slightly down compared to 11:00, and has decreased compared to 05:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of volume-price divergence may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for the price increase to sustain. Investors should be cautious of the risk of a high-level pullback and monitor whether the trading volume can keep up with the price increase, as well as whether new buying interest emerges.
In a consolidation trend, trading volume decreases while the price rises. According to the Williams indicator, it is currently in a neutral state with no overbought or oversold conditions. Recently, trading volume has decreased, with volume down compared to the previous hours, while the price rises and volume declines: upward momentum is weakening.

Upward momentum is weakening, it is recommended to observe and be cautious of the risk of high-level pullbacks, while paying attention to changes in trading volume and new buying interest.

The above content is for reference only and does not constitute investment advice.