PEPE Set for Major Movement Ahead 🐸

Following a peak market cap of approximately $7 billion in May, $PEPE underwent a significant 50% correction. Recently, it surged by 10%, reclaiming a market cap above $4 billion and currently trades around $0.0000096.

**Technical Analysis:**

- **Long-term Trend:** Uptrend, trading above the 200-day moving average.

- **Support Levels:** $0.0000078 and $0.000006.

- **Resistance Levels:** $0.0000091 and $0.0000113.

- **Momentum:** Bullish, with the MACD Histogram rising and RSI-14 indicating neutral conditions (neither overbought nor oversold).

With $ETH ETFs anticipated to commence trading soon, this development could positively impact the Ethereum ecosystem, including $PEPE as the second-largest meme coin on the network. Despite trailing behind Shiba Inu ($10.7 billion) and Dogecoin ($DOGE) ($17 billion) in market cap, $PEPE shows potential for robust growth.

Monitor the support and resistance levels closely for potential entry or exit opportunities.