BOSS Wallet data source, Pepe current price trend, PEPE latest price has broken through to $0.0000213, with an increase of 3.05%, trading volume $1.361 billion

From the K-line chart, it can be seen that it is currently in a consolidation trend. Compared to 17:00, there has been a significant increase, a rebound from 16:00, and a decline from 14:00. The price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it may be difficult for the price to sustain its rise, and investors should be wary of the risk of price retracement at high levels.
It is recommended to pay attention to whether trading volume can keep up with the price increase, and whether there is new buying interest. Trading volume decreases while price rises. According to the Williams indicator, it is currently not overbought or oversold. Recently, trading volume has decreased, with trading volume reduced compared to the previous few hours while the price rises and trading volume declines: upward momentum weakens.

The market's upward momentum is weakening, and it is recommended to remain cautious, paying attention to changes in trading volume and new buying interest.

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