PEPE/USDT: Climbing to $0.00001079 or Reversing from Overbought Levels?
**Current Price:** $0.00001055 (+12.71%)
**Predicted Range:** Targeting $0.00001079 or correction towards $0.00000938
PEPE is surging with a **12.71% gain**, pushing to **$0.00001055** and nearing a key resistance at **$0.00001079**. The bullish momentum is undeniable, but the indicators suggest caution as we approach critical levels.
- **Moving Averages:** PEPE has solidly crossed above the 5 and 10-period MAs, maintaining strong upward momentum. If it continues, expect a test of **$0.00001079**. A failure to sustain could lead to a retrace towards **$0.00000938**.
- **RSI:** At **73.37**, PEPE is entering **overbought territory**, signaling the possibility of a pullback as traders take profits.
- **MACD:** Flat, indicating that momentum is still building but hasnât solidified into a clear trend shift yet.
- **Williams %R:** At **-26.08**, it indicates overbought conditions, adding further caution to the bullish outlook.
**Conclusion:** PEPE is nearing a key decision point. A breakout above **$0.00001079** could propel it higher, but overbought conditions warn of a possible pullback towards **$0.00000938**. Traders should be ready for volatility either way.
