BOSS Wallet data source, Pepe real-time price quotation, PEPE today's latest price reaches $0.00002114, with an increase of 3.53%, trading volume $2.148 billion

Through the analysis of the candlestick chart, it is currently in a volatile trend. Compared to 10:00, it has significantly increased, rebounding from 07:00, but decreased from 04:00. The price is rising but the trading volume is declining, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation due to a lack of trading volume support, making it difficult for prices to sustain their rise. Investors should be wary of the risk of a high position retreat and pay attention to whether trading volume can keep up with rising prices and whether new buying pressure emerges.
Market activity is low, and momentum is weakening. The Williams indicator indicates that it is currently overbought. Recently, trading volume has decreased, with trading volume declining compared to the previous few hours, while price rises and volume decreases: upward momentum is weakening.
Market momentum is weakening, and upward movement may be difficult to sustain. It is advisable to remain cautious and pay attention to changes in trading volume and new buying pressure.

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