BOSS Wallet data source, Pepe today's price trend, PEPE latest price has risen to $0.00002179, an increase of 3.37%, trading volume $2.737 billion

From the research results of the candlestick chart, it appears to be a fluctuating trend now. Compared to 11:00, there is a slight increase; compared to 10:00, there is a slight decrease; there has been a recovery compared to 03:00, and a decrease compared to 05:00. When the price rises while the trading volume decreases, it usually indicates a weakening upward momentum in the market and a reduced number of buyers.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, it is difficult for the price to maintain its rise, and there is a risk of a high-level pullback. Investors should pay attention to whether the trading volume can accompany the price increase and whether there are new buyers entering the market.
Market enthusiasm is low, and trading volume has decreased. According to the Williams indicator, it is currently not in overbought or oversold territory. Recently, trading volume has decreased, with trading volume lower than in previous hours, price rising, and trading volume declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to operate cautiously, pay attention to changes in trading volume, and be vigilant about the risk of a high-level pullback.

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