BOSS Wallet data source, Pepe real-time price trend, PEPE today's latest price reaches $0.00002074, with a rise of 3.54%, trading volume $4.746 billion

According to the analysis of the K-line chart, it is currently in a consolidation trend. Compared to 12:00, it has risen significantly, recovering from 05:00 and breaking through the high point of 13:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening momentum in the market, with 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 rise to sustain. Investors should be wary of the risk of a high position pullback and pay attention to whether trading volume can keep up with the price rise, as well as whether new buying pressure emerges.
In a consolidation trend, trading volume decreases while the price rises. By assessing the Williams indicator, it is determined that there is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume down from the previous few hours, while the price rises and trading volume falls: upward momentum weakens.

Upward momentum weakens, it is recommended to remain watchful, be alert to the risk of a high position pullback, and pay attention to changes in trading volume.

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